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Contributors
I enjoy the opportunity to provide clients with insightful and unbiased advice that will help them make the most informed decisions possible.
Ron Kahn
Managing Director & Global Co-Head of Valuations & Opinions
ChicagoMeet Professionals with Complementary Expertise in Valuations & Opinions
I find immense fulfillment in enabling clients to achieve their objectives and navigate the complexities of today's ever-changing landscape.
Chris Croft
Managing Director & Co-Head of Transaction Opinions
New York
I enjoy sharing private capital market insights and valuation trends with my clients, while also leading a differentiated and high-touch process.
Brian Garfield
Managing Director & Global Head of Portfolio Valuations
New York
I enhance my clients’ decision making and governance processes by providing independent and objective financial advice in a highly responsive manner.
Chris Gregory
Managing Director & Co-Head of Transaction Opinions
New York
I enjoy the opportunity to provide clients with insightful and unbiased advice that will help them make the most informed decisions possible.
Ron Kahn
Managing Director & Global Co-Head of Valuations & Opinions
ChicagoRecent Transactions in Valuations & Opinions
L. Thomas Gregory joins Lincoln International as a Senior Advisor
Lincoln International, a leading global investment bank, is pleased to announce that L. Thomas Gregory has joined the firm as a Senior Advisor to its Valuations & Opinions Group .… Read More
Pensions & Investments | Private Credit Accelerates Valuation Frequency Amid Transparency Scrutiny
Originally published by Pensions & Investments on April 1, 2026. Tighter liquidity and slower exits are two factors pushing the private capital markets into a tougher phase, making a faster… Read More
L. Thomas Gregory
Tom is a seasoned investor, executive and board leader with more than 40 years of experience in private credit and equity investing, corporate strategy and capital markets. He has deployed… Read More
Middle East Growth Trajectory—Governance, Global Standards and Valuation Best Practices
Featured in IVSC. Srividya Gopal, Managing Director and leader of Lincoln’s Middle East practice, recently shared her perspective on the rapid growth and evolution of private capital in the Middle East… Read More
Lincoln International Adds Chris Swiecicki as Managing Director
Lincoln International, a global investment banking advisory firm, is pleased to announce the addition of Chris Swiecicki as a Managing Director in its transaction opinions & board advisory practice. Based… Read More
Webinar | Closing the Gap: Net Working Capital M&A Disputes Topics and Trends
On March 18th, 2026, Lincoln International hosted its inaugural disputes webinar: “Closing the Gap: Net Working Capital M&A Disputes Topics and Trends.” This session is the first opportunity to join… Read More
Chris Swiecicki
Chris is a Managing Director in Lincoln’s transaction opinions and board advisory practice, where he provides valuation and transaction advice to private equity sponsors, portfolio company boards, public company boards… Read More
Barron’s | A New Sign of Stress in the Shaky Private Credit Market
Originally published by Barron’s on March 12, 2026. The number of private credit loans with payment-in-kind (PIK) interest has risen steadily in the last few years, a sign of market… Read More
Private Market Volatility – What are the Implications?
Release date March 9, 2026 Recent volatility across software markets, accelerating AI disruption concerns and geopolitical-driven energy price increases are materially influencing valuation and credit dynamics. Lincoln International’s Valuations &… Read More
In the Headlines: Lincoln’s Q4 2025 Indexes
Insights and data from Lincoln’s Q4 indexes from our Valuations & Opinions Group were recently featured in several publications. The Wall Street Journal Private Equity Daily: Investors Back Talkiatry With $210 Million… Read More
Working Capital Adjustments and Tips to Mitigate M&A Disputes
This article walks through each stage of the post-close net working capital purchase price adjustment process in M&A transactions and highlights practical considerations to help buyers and sellers mitigate dispute… Read More
Webinar | Q4 2025 European Private Market Insights
On February 26th, 2026, Lincoln International hosted a webinar discussing insights from Lincoln’s Valuations & Opinions Group’s proprietary database, as well as recent financing terms observed by our Capital Advisory… Read More
Webinar | Q4 2025 European Private Market Insights
Thank you for your interest in Lincoln’s Webinar: Q4 2025 European Private Market Insights. All request submissions will be evaluated and a member of our team will contact qualified requestors… Read More
WSJ | New Benchmarks Aim to Pierce Opaque Private Credit Market
Originally published by The Wall Street Journal on February 24, 2026. Lincoln International’s proprietary indexes have helped bring greater transparency and consistency to private credit benchmarking for nearly a decade.… Read More
Fortune | In the $3 Trillion Private Credit Market, the ‘Shadow Default’ Rate is Increasing as More Money Chases Lower-Quality Deals
Originally Published by Fortune on February 22, 2026. While the total value of companies in the private credit market has risen over the past year, debt quality and EBITDA growth… Read More
Lincoln International and S&P Dow Jones Indices Collaborate to Bring Enhanced Transparency to Private Credit Markets
New U.S. and Europe S&P Lincoln Senior Debt Index Series Provide Investors with Independent Benchmarks for Manager Performance and Market Risk CHICAGO, February 23, 2026 —Lincoln International, a global investment… Read More
Q4 2025 European Lincoln Private Market Index™
European Lincoln PMI Ended 2025 With Another Quarter of Positive Growth Supported By Fundamentals Amid Greater Multiple Volatility The European Lincoln Private Market Index (PMI) is the only index that… Read More
Lincoln International Launches Lincoln Lens, a Data & Analytics Platform to Advance Transparency in Private Market Valuations
Lincoln Lens delivers integrated access to valuation insights, proprietary market intelligence, and collaboration tools Lincoln International, a leading global investment banking advisory firm, today announced the launch of Lincoln Lens,… Read More
Webinar | Valuations & Opinions Group Q1 2026 Private Market Webinar
Thank you for your interest in Lincoln’s Webinar: Valuations & Opinions Group Q1 2026 Private Market Webinar. All request submissions will be evaluated and a member of our team will… Read More
Webinar | Valuations & Opinions Group Q1 2026 Private Market Webinar
On February 12th, 2026, Lincoln International hosted a webinar discussing insights from Lincoln’s Valuations & Opinions Group proprietary database which encompasses over 7,000 privately held portfolio company valuations and an… Read More
The Lincoln Private Market Index Ends the Year with its Slowest Quarter of Growth in 2025
Slowing EBITDA growth led to the lowest quarter-over-quarter growth in private company enterprise values in 2025; could this be a sign of things to come in 2026? Lincoln International, a… Read More
Q4 2025 Lincoln Private Market Index™
Lincoln’s PMI Exhibited Another Quarter of Steady Growth in Q4 2025 Fueled by Earnings Growth The Lincoln Private Market Index (PMI), the only index that tracks changes in the enterprise… Read More
2025 Global Results
As we approach Lincoln International’s 30th anniversary in April 2026, we are proud to reflect on the incredible growth we have driven in the global private capital markets. Our success… Read More
Q&A: Update to International Private Equity and Venture Capital Valuation Guidelines (IPEV)
The International Private Equity and Venture Capital Valuation (IPEV) Guidelines set out recommendations, intended to represent current best practice, on the valuation of private capital investments. The latest version of… Read More
Snehi Patel
Snehi provides board advisory and transaction opinion services to public company boards and special committees, investment funds, corporations and privately held companies across a broad spectrum of transactions, including divestitures,… Read More