News & Insights
Featuring commentary from Andrew Axelrod on navigating complexity in middle market credit and unlocking value through active involvement.
The Lenders Who Left: How a Decade of Easy Money Quietly Reshaped the Distressed Credit Landscape
The exit from middle-market distressed credit wasn't dramatic. No firm issued a press release declaring the strategy...
April 22nd, 2026|4 min read
Credit Quality in Decline — Why the Middle Market Is Axar's Hunting Ground
Between 2015 and 2021, the U.S. leveraged loan market grew 75%, ballooning from roughly $800 billion to $1.4 trillion.
April 10th, 2026|5 min read
From Grave Concerns to Growth: The Everstory Revival
There are roughly 3 million deaths in the United States every year. That number does not fluctuate meaningfully with...
March 30th, 2026|11 min read
2026 Market Outlook
2025 looked like a benign year for risk assets. Equity indices finished strong, setting many records along the way, and...
January 19th, 2026|9 min read
Credit Crunch: Axar’s Axelrod on Zombie Owners and Credit Cycle
"Time can be a good thing. Time can be a very bad thing…I think the whole market moves a bit slower now when there are...
January 14th, 2026|0 min read
The Chopping Block: Building Culture- How Two CEOs Turned Distress into Durable Growth
WHAT WE’RE THINKING ABOUT We sat down recently with the CEOs of two of our most exciting and dynamic portfolio...
November 11th, 2025|8 min read