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Private Credit’s Response to Software

Private Credit’s Response to Software

For most of the past decade, software was private equity’s favorite asset because of its high growth prospects, and private credit was its preferred way to fund deals. Lenders built a sector-specific product, the recurring-revenue loan, based on subscription...
A New Era of Private Equity

A New Era of Private Equity

For the past four decades, private equity has taken over fragmented businesses in almost every industry, including accounting firms, medical practices, and more. However, private equity has never entered the legal industry. Not because the economics of the opportunity...
Alphabet’s Hopeful $84.75 Billion Investment

Alphabet’s Hopeful $84.75 Billion Investment

Recently, Google’s parent company, Alphabet Inc., made a bet on artificial intelligence that could serve to decide the future of AI infrastructure. Alphabet Inc. announced plans to raise $80 billion through a package of equity offerings to fund its massive artificial...