Archive
The complete record of our independent credit market coverage.
1253 Results
Contributor Commentary | Private Credit
Why Insurance Companies Are Becoming the Most Important Players in Private Credit
The arrival of insurance company capital as a structural force in private credit is not a trend — it is a permanent realignment of who holds and prices credit risk in the U.S. economy.
Contributor Commentary | Capital Markets
The Syndicated Loan Market Isn't Dead — But It's Playing Defense
Broadly syndicated leveraged finance didn't disappear when private credit arrived. But it retreated to a distinct market segment that looks very different from the syndicated market of a decade ago.
Contributor Commentary | Private Credit
Private Credit Has Already Won the Middle Market. Now Comes the Harder Part.
Direct lending has decisively displaced broadly syndicated loans as the default financing channel for most middle-market companies backed by financial sponsors. The harder question is whether the asset class is equipped for what comes next.