Private Fixed Income

Avoiding the Crowds: Finding Opportunities in Private Structured Credit

In most fixed-income markets we are back to where we started in 2020 with low rates, tight spreads and warnings from some that asset...

A Stigmatized Sector—Our Outlook for U.S. Hotel Investments

Today, the hotel sector continues to face challenges, but we believe the most difficult period for hotel demand is behind us. In the very...

Still Chained: N95 Masks and Supply Chains Lessons During COVID-19

Supply chains have become a much-maligned component of the international trade system. We examine the N95 mask shortage during the COVID-19 pandemic and argue...