The Crowding Effect in Private Credit

The Crowding Effect in Private Credit

Reassessing Risk, Discipline, and Return in an Overcapitalized Asset Class Private credit has expanded dramatically over the past decade, emerging as a dominant source of capital in corporate finance. As of 2024, the global private credit market surpassed $1.7...

Drones Over Jersey

While there’s plenty going on in the world to opine on—the fall of the Assad regime, the assassination of UnitedHealthcare executive Brian Thompson, South Korea’s President declaring Martial Law—perhaps the most perplexing issue plaguing our screens is the ongoing...