- February 25, 2026
- North America
February 25, 2026 – In our latest podcast, Expect the Unexpected: A 2026 Lending Outlook with WhiteHorse Capital, Pankaj Gupta, CEO of WhiteHorse Capital, and Stuart Aronson, Chairman, reflect on how the surprises of 2025, from shifting trade policy to geopolitical uncertainty, …
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- November 3, 2025
- North America
By: Javier Casillas, Global Chief Credit Officer, WhiteHorse Capital 1. Executive Summary Opening remarks along the lines of “The Sponsor is selling the Company to itself” have raised some eyebrows and sparked some interesting debates in private credit ICs over …
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- October 7, 2025
- North America
October 7, 2025 – WhiteHorse Capital’s John Yeager, Managing Director, and Corey Mason, Principal, recently joined ACG’s Middle Market Growth Conversations to share their perspectives on private credit in the transportation and logistics space. In the discussion, they explored what’s driving today’s market, the key …
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- July 15, 2025
- North America
July 15, 2025 – By Javier Casillas, Global Chief Credit Officer, and Sam Goldworm, Managing Director and Head of Debt Capital Markets, WhiteHorse Capital Once peripheral, the independent sponsor model is now central to lower middle market private equity. Independent …
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- June 23, 2025
- North America
June 23, 2025 – By Stuart Aronson, Executive Managing Director and CEO, WhiteHorse Capital. It is fair to say that mergers and acquisitions activity has not unfolded as most had expected or hoped at the start of 2025. The year began with cautious optimism. Practitioners were penciling in strong double-digit M&A growth, deal structures were more aggressive and some speculated that activity might even approach the heady days of 2021. Of course, that outlook came to a screeching halt when the Trump administration announced reciprocal tariffs far in excess of what the market expected.
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- May 19, 2025
- North America
- Healthcare
May 19, 2025 – The private credit sector, particularly direct lending to healthcare businesses, is navigating a complex environment shaped by economic volatility and regulatory uncertainty. In a recent episode of the Middle Market Growth Conversations podcast, hosted by the Association for …
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- February 6, 2025
- North America
February 6, 2025 – It was an extremely challenging year for direct lending in 2024, as depressed transaction activity and ample credit availability created pricing pressure and a gradual relaxation of underwriting standards. In 2025, lending activity is anticipated to …
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- October 4, 2024
- North America
- Technology, Media, and Telecom
October 4, 2024 – The outlook for the technology, media and telecom (TMT) sector is bright—and, the experts at WhiteHorse Capital say, full of opportunity for investors. Mark Bernier, WhiteHorse Capital’s managing director, and Peter Gallagher, principal, join the podcast to share their …
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- May 30, 2024
- North America
May 30, 2024 – Van Hesser, KBRA Chief Strategist, and Stuart Aronson, CEO of WhiteHorse U.S., candidly discuss contrasting trends in the lower middle- to small-cap segment of private credit versus the upper middle- to large-cap segment, the impact of higher …
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- May 7, 2024
- North America
May 7, 2024 – Private credit has been on a rocket ride since the great financial crisis, and the direct lending space has recently become white hot with new entrants joining legacy firms. WhiteHorse Capital’s Chief Credit Officer Javier Casillas …
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