Debt Explorer | Declining valuations in the software industry and an impending wall of covenant resets have shackled the high-growth ARR lending market. Borrowers and lenders are unsure what comes next

Why utilities struggle to fund water loss reduction—and what it takes to unlock private capital at scale

M&A Explorer | As drones, AI and autonomous systems replace traditional military hardware, the race to acquire and invest in defense technology is heating up

Debt Explorer | AI-driven demand and lower exposure to software shield US high yield markets from macro challenges, but activity dips in Europe and Asia

Debt Explorer | Total return swaps and loan-to-loan facilities offer a way for lenders to bolster performance as loan margins narrow

M&A Explorer | A cluster of mega public-to-private deals led by buyout firms pushed US take-private deal figures to near record levels in 2025

Competition between lending channels intensified in 2025, as leveraged finance markets in Europe saw lenders vying for deals and offering borrowers greater flexibility ahead of an anticipated surge in activity in 2026.

Taking the pulse of AI in the life sciences sector and exploring how organizations can maximize opportunities from this rapidly evolving technology to build healthier futures

M&A Explorer | Momentum for control buyout opportunities, fueled by capital markets discipline and rising shareholder activism, is gathering across APAC

M&A Explorer | Once the quiet money behind private equity, sovereign wealth funds are increasingly writing their own deals.

M&A Explorer | Even as dealmaking shows signs of rallying, GP-led secondaries and continuation vehicle deals—which provided valuable alternative exit routes through a period of soft M&A activity—are set to remain an important strategic tool for dealmakers

M&A Explorer | Despite national regulatory differences and continued high financing costs, European infrastructure—including data centers, digital assets and renewables—provides increasingly tempting opportunities for private capital investors searching for strong and stable returns

M&A Explorer | As European M&A activity begins to recover after a down cycle, private capital—now a cornerstone of the continent’s deal market—will be a key driver of its return.

UK & European Financial Services M&A: Sector Trends H2 2024 | H1 2025 — Specialty Finance / Marketplace Lending

UK & European Financial Services M&A: Sector Trends H2 2024 | H1 2025 — Consumer Finance

UK & European Financial Services M&A: Sector Trends H2 2024 | H1 2025 — Brokers / Corporate Finance

UK & European Financial Services M&A: Sector Trends H2 2024 | H1 2025 — Financial Market Infrastructure 

UK & European Financial Services M&A: Sector Trends H2 2024 | H1 2025 — Payments