2021 The Great Reception

2021: The Great Reception (Last of a Series)

We wrap our special series with an outlook for private credit. The value proposition of the asset class was fully supported through last year’s extreme volatility as experienced managers and their portfolios emerged mostly unscathed. But as market conditions develop this year, how will private credit terms be impacted? BSL technicals, such as fund flows,…

2021: The Great Reception (Second of a Series)

We continue our special series on the outlook for the year ahead with a look at the capital markets. What are the moving parts impacting funds flow, asset characteristics (volume, prices, and yields), and quality of deal issuance? With each passing day, the prospect for lower infection rates improves. Investors expect vaccine distribution to reach…

2021: The Great Reception (First of a Series)

It was just another painful ramification of the pandemic. We’re referring, of course, to the nationwide absence of Grape-Nuts on supermarket shelves. Graver consequences of COVID-19 abound, but the whole point of comfort food is to be there in times of duress. First produced in 1897 by Mr. C.W. Post, Grape-Nuts contains neither grapes nor…