How have private credit markets reacted following the gradual easing of national lockdowns and unprecedented levels of financial stimulus? With private market activity cautiously restarting, we…
After years of investor skepticism over the "crowded" direct lending space, now is an opportune time for investors to consider putting money to work in this market suggest the Alternatives team at…
Potential conflicts of interest arise when IPO underwriters allocate IPO shares to their affiliated funds. We hypothesize that such nepotism incentives affect IPO pricing.
