Private Equity and Credit in Changing Times

This chapter explores the impact of fluctuating economic conditions on private equity and private credit, particularly in the wake of rising interest rates and COVID-19. It highlights the resilience of the private equity sector, emphasizing effective lending strategies and the significance of strong relationships between lenders and borrowers in the middle market. The discussion underscores the need for careful deal selection and alignment of incentives to enhance financial outcomes in a challenging landscape.