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The era of pure-play private equity is over. Banks are pulling different divisions together to serve the complex needs of global asset managers
Specialist moves after 18 years in the market
New dangers are making deals harder to do, but pricing for the haves is still tight
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Levloan issuance in the first quarter is halved from 2022, despite optimism across the market -
Wave of middle market deals unlikely to continue for long
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The mid-market is becoming more lender-friendly as risk appetite remains sensitive
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Keep your covenants close, but keep your sponsors closer in mid-market lending
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