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Private Markets

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

Private Equity's Annuity Playbook

US insurers are holding more illiquid, opaque investments

Restructuring Primer: Liability Management Exercises (LMEs)

Distressed Debt is Disappearing

Private credit and LMEs are rewriting the distressed playbook