Stay Ahead of
Private Markets

Dealmaking is K-Shaped

Large Cap Deals Are Getting Done. Others Aren’t.

Credit is Opaque

There's more stress in credit than it seems

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.