What to expect for capital solutions in 2024

Following this year's market volatility and lending supply-demand imbalances, David Brooks and Alice Cavalier of Arcmont Asset Management see what's in store for capital solutions lenders next year.

In recent years, markets have faced major shocks but also times of economic buoyancy. This environment of market volatility has presented challenges for companies seeking financing, so lenders have needed to pivot to meet evolving needs. During periods of market dislocation, secondary debt purchases and liquidity/refinancing solutions have often been compelling.