Featured Insights
Marketing and Positioning a Lender-Owned Business for Financing or Sale
For troubled sponsor-backed companies, lenders are often times forced to take the mantle of ownership, and will take action to…
Lender-on-Lender Violence in Middle-Market Private Credit: Is it Coming?
Recent discussions with capital markets participants have brought several critical questions to the forefront. One particularly pressing issue is the growing concern surrounding…
Sponsors & Lenders: How Both Parties Can Achieve Best Execution
With the dynamic and ever-changing world of private credit and private equity professionals moving past the standard strategy of outreach to the same key relationship lenders for debt financing, it begs the following questions…
Choosing the Right Path: Transactions Involving Lender-Owned Businesses
When private credit lenders are forced to assume ownership of a troubled borrower, lenders may be faced with refinancing during…
Market Trends: The Rise of Dividend Recapitalizations
With a reluctantly muted M&A landscape, highly challenged exit environment, and mounting pressure to return LP capital, PE professionals have begun to turn to dividend recapitalizations as a preferred solution for aging investments.
The Ebb and Flow of Activity from Lenders in the Private Credit Market
Borrowers looking to tap into the growing private credit markets should be aware of the fundamental ebb and flow, or lender velocity, and the factors that can affect appetite for new deals.
Impaired Bank Loans and “Zombie Funds” — Private Credit’s Next Big Opportunity
Is private credit’s next big opportunity found in impaired bank loans and “zombie funds?”
Offense or Defense? A Playbook for Lender-Owned Businesses
While most lenders never want to be handed the keys to a company, when a tapped-out sponsor exits and passes ownership to the lender, a series of…
Within the Complexity of the Lending Market: The Advisor Advantage
Amidst the private credit world’s rapid pace of change and disruption, it is becoming clearer than ever that private equity firms must face a hard truth when it comes to sourcing financing. Unfortunately, it seems…