S&P Global Moves Away from Numeric ESG Credit Indicators

Kristin Bradbury explains why S&P Global dropped its numeric credit indicators and what it means.

The Credit Cycle Has Turned

Our Alternatives Consulting group analyzes credit-related hedge funds and how they are managing in the current market environment

In Context: Credit Lines and Private Equity

I recently read a Bloomberg article titled, “Buyout Firms Are Magically — and Legally — Pumping Up Returns.” It is about vehicle-level leverage creeping into the private equity business. Here, I share some related thoughts for consideration. Early on, limited partners (LPs) allowed general partners (GPs) to arrange for small lines of credit (backstopped by […]