This is the first in a three-part series on preferred equity. It examines the core features and principal use cases for preferred equity in the private capital landscape. Subsequent installments will ...

Much ink has been spilled about the continued ascent of the “liability management exercise” (LME). Not to fret, this is not another LME article; rather, this article focuses on potential consequences ...

This is the second in a three-part series on preferred equity in private capital markets. This Legal Update examines how preferred equity compares to traditional financing alternatives and the ...

Capital solutions has become a catch-all moniker within private markets, leaving many asset allocators to scratch their heads as to what these funds actually do and the risks they take. We believe ...

June 06, 2024 - As we find ourselves in "The Great Reset," recovering from the economic fallout in the COVID-19 pandemic, many borrowers are finding it increasingly difficult to navigate the changed ...

Feb 23 (Reuters) - Citigroup Inc is talking to U.S. officials about converting the preferred shares it sold to the government last year into common equity, which would instantly boost the bank's ...

If you've been reading my articles for the past couple of years, you might have heard that I've been buying up a lot of preferred equity. Preferred equity is a bit different from common equity in that ...