Songwriter/storyteller/farmer ISMAY releases their poignant new track, “The Lonely Stallion,” from their upcoming album Desert Pavement, out January 26th. Desert Pavement (directed by Andrew Marlin of Watchhouse) is a collection of alternative American roots music, featuring lush folk songs that embody the sound of the New American West.
Kirsten Bode, Muzinich & Co.
Muzinich & Co.: Direct Lending – An All-Weather Asset Class );}
By Kirsten Bode, Co-Head Private Debt Pan Europe at
It has been an unprecedented year as businesses faced periods of extended lockdown which has resulted in declining production output and falling revenues. However, the global macroeconomic backdrop is now recovering, underpinned by fiscal stimulus and accommodative central banks. As a result, the economic cycle is improving enough to increase investors’ confidence in credit markets.
While valuations appear tight in liquid credit, a large part of the cash accumulated in money market type instruments during the pandemic is likely to be put to work as investors hunt for yield, benefitting higher-yielding assets such as private debt.