Stay Ahead of
Private Markets

EBITDA Keeps Inflating

Aggressive EBITDA addbacks are quietly understating leverage and risk.

Private Credit Has Come Back Down to Earth

Private credit rode a wave of high rates and wide spreads. That wave has broken.

Primer: PE Secondaries

Private Equity is K-Shaped

Private equity capital is consolidating at the top of the market, and the divide is growing.

Primer: Financial Restructuring

Follow the Liquidity

Capital is moving as pressure on private equity grows