The Fed’s April 2025 Financial Stability Report (FSR) is light on references to leveraged lending, but what it does say about the asset class is benign. This is notable given that the report reflects market conditions and data as of April 11th, over a week into the market’s Liberation Day-induced volatility. We provide some takeaways...
The Bank of England (BoE), the Federal Reserve (Fed) and the International Monetary Fund (IMF) recently published their semi-annual financial stability reports (FSR). As they are likely indicators of the areas on which regulators will focus their agendas in the near-term, we continue to monitor these reports for changes in the coverage of and tone...
Leverage is a tool that can enable asset managers to increase investment capacity and improve returns without altering their investment strategy or sacrificing asset quality.
On November 3, 2023, the Financial Stability Oversight Council (“FSOC”) finalized new procedural guidance for its use of one of its most consequential authorities.