Assessing the stresses and strains in the private equity and debt markets. Also, Investec closes second private debt fund, and study finds private markets allocations on the rise. Here's today's brief for our valued subscribers only.
“Repeat defaults – completed within two years of initial default – rose notably in 2025. Across bonds and loans, 30% of defaults were repeat events, up from 15% in 2024 and 13% in 2023”
Taken from an analysis of European default trends by Fitch Ratings
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