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Central bankers’ rapid-fire rate hikes over the past two years have strained the finances of corporate borrowers, making it hard for many of them to keep up with interest payments.
The developments cap a tumultuous few months for the firm, which began as an alternative magazine in Montreal nearly three decades ago.
May 15, 2023
“Because there’s so much money in the marketplace, private equity firms are really prevalent today,” says Monroe Capital’s Tom Aronson, in an interview at ACG’s InterGrowth 2017.