LevFin Insights private debt reporter. Alum of @ASU, @MedillSchool. Bookworm into coffee and veggie food. Opinions my own, etc. Got tips? DM me.
New York City
Joined February 2011
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Shoutout to @davidaxelrod for speaking about epilepsy on @BulwarkOnline podcast. I’ve had for it for life. 4 yrs ago I had a multiple seizures, including one that sent me to the hospital and ended with a staple in the head. Toughest part of my life. David made me felt seen
Powerful speech last night from @POTUS. I’m a financial reporter, not a political reporter, but I will share this story: in 2011, I visited Congress Hall in Philadelphia, where the 1st president, George Washington, peacefully transferred power to the 2nd president, John Adams.
Excellent article from @ungarino. She makes a great point: The money moved away from BlackRock is $1.25B. (1/?) Here are the big money managers Republicans are turning to as they crusade against BlackRock and 'woke capitalism' businessinsider.com/BlackRoc… via @businessinsider
Smart money is that ESG is here to stay in some way shape or form. CEOs of large money managers will have to negotiate the politics of it. Upshot of GOP officials diverting $$ from ESG-friendly managers is that the GOP gets a new culture war issue. (5/?)
Nice column, @LiamWardProud. Banks have a tough fight on their hands if they want to displace lenders who can guarantee sponsors that they will have the cash available. Tough for banks to compete with that certainty in this environment.
reuters.com/breakingviews/ba…
Hi Twitterverse! It’s been a minute, but I’m excited to say I started a new role at @levfininsights (part of @FitchSolutions) as a senior reporter covering the middle market and private credit. It would be great to connect in my new role. Shoot me a message!
I like to think my @BirchCoffee addiction does not make me a caffeine addict but rather somebody that is intesely supportive of small, local businesses.
You read it first on @LPCLoans: Sixth Street Partners hopes to raise at least US$4.5bn for #privatecredit investments into upper middle market companies
loanconnector.com/NewsDispla…
You read it at @LPCLoans first: @TivityHealth landed US$1.2bn of private credit financing from @HpsPartners, Benefit Street Partners, @OwlRockCapital, @apolloglobal and Stone Point Capital's credit arm loanconnector.com/NewsDispla…
Private credit thread... @jmackin2 buries the lede: He says a central bank-driven liquidity and private debt are new risks.
Streetwise: The tide’s definitely gone out in markets this year, but finance has come through with few problems—so far wsj.com/articles/where-to-lo… via @WSJ
#Privatecredit certainly has its drawbacks. Borrowers are often middle market companies that are smaller and potentially less likely to sustain a downturn. Rising rates may make their interest payment too large. There is little thought to suggest this is an inevitability just yet
Also, demand from #privateequity firms for #directlenders is strong. #Privatecredit firms are supplying big buyouts with larger loans. With all the #privateequity money sitting on the sidelines, there are plenty of #privatedebt investors willing to commit to the asset class.