Contributor

Related Perspectives

Moneycontrol | Outbound M&A Push to Continue Into 2026

Originally published by Moneycontrol on December 26, 2025. The accelerating pace of mergers and acquisitions in India’s private markets is opening new opportunities for global and domestic players. There are… Read More

LevFin Insights | Holidays to Headwinds: Private Credit Stress Signals

Originally published by CreditSights Podcasts on December 9, 2025. Rising stress indicators in Europe’s private credit market have widespread implications for both lending competition and mergers and acquisitions in 2026.… Read More

Abstract graphic

Single-Asset CVs: How They Stack Up

Continuation vehicles (CVs), including single-asset CVs, have become a prevalent tool for general partners (GPs) seeking continued value creation, extended ownership of high-performing assets, and liquidity options for existing limited… Read More

Automotive Insights | Consolidation Trends in the European Tire Aftermarket

Originally published by Automotive Insights Magazine on December 4, 2025. Manufacturers and wholesalers are pushing a wave of consolidation in the European tire sector, motivated by the non-cyclical market driven… Read More

Q3 2025 Lincoln Senior Debt Index™

Lincoln International is pleased to release the Q3 2025 Lincoln U.S. Senior Debt Index (LSDI). The Lincoln U.S. Senior Debt Index represents years of research and analysis of data and… Read More

Fortune | Private Credit Deals See a Rise in ‘Bad PIKs’ Showing ‘Cracks’ in the Market for Corporate Debt

Originally posted by Fortune on November 21, 2025. The broader private credit market is healthy, but there is an increased number of companies taking on new debt featuring “payments-in-kind,” or… Read More

An Overview of the Lincoln Senior Debt Index™

The Lincoln Senior Debt Index is a quarterly index that tracks the fair market value of 1,600 middle market, direct lending credit investments every quarter across approximately 175+ fund clients… Read More

In the Headlines: Lincoln’s Q3 2025 Indexes

Insights and data from Lincoln’s Q3 indexes from our Valuations & Opinions Group were recently featured in several publications. Bloomberg Private Companies Are Being Taken Over by Lenders at Brisk Pace… Read More

Q3 2025 European Lincoln Private Market Index™

Earnings Growth Continues to Drive European Lincoln PMI, But Increasing Covenant Defaults and PIK Use Show Signs of Pressure in Private Markets The European Lincoln Private Market Index (PMI) is… Read More

Q3 2025 European Lincoln Senior Debt Index™

Lincoln International is pleased to release the latest quarterly Lincoln European Senior Debt Index (ESDI ). The ESDI represents years of research and analysis of data and was developed by… Read More

Webinar | Q3 2025 European Private Market Insights and Q4 Outlook

On November 13th, 2025, professionals will discuss insights from Lincoln’s Valuations & Opinions Group’s proprietary database, as well as recent financing terms observed by our Capital Advisory Group which will… Read More

Webinar | Q3 2025 European Private Market Insights and Q4 Outlook

Thank you for your interest in Lincoln’s Webinar: Q3 2025 European Private Market Insights and Q4 Outlook.  All request submissions will be evaluated and a member of our team will… Read More

Webinar | Valuations & Opinions Group Q4 2025 Private Market Webinar

Thank you for your interest in Lincoln’s Webinar: Valuations & Opinions Group Q4 2025 Private Market Webinar.  All request submissions will be evaluated and a member of our team will… Read More

Webinar | Valuations & Opinions Group Q4 2025 Private Market Webinar

On August 13th, 2025, our professionals discussed insights from Lincoln’s Valuations & Opinions Group proprietary database which encompasses over 6,500 privately held portfolio company valuations and an incremental 2,500+ asset-backed… Read More

Private Funds CFO | Private Markets 2.0 Requires a 2.0 Approach to Firm Operations

Originally published by Private Funds CFO on November 11, 2025. The democratization of alternative investments is transforming private markets and ushering in a new era for the asset class: Private… Read More

Q3 2025 Lincoln Private Market Index™

Lincoln’s PMI Exhibited Steady Growth in Q3 2025, Fueled by Positive Earnings The Lincoln Private Market Index (LPMI), the only index that tracks changes in the enterprise value of U.S.… Read More

Abstract graphic

The Lincoln Private Market Index Posted Another Quarter of Steady Growth in Q3

Private companies continued their positive EBITDA growth, but the pace is slowing and revealing widening cracks in private markets . Lincoln International, a global investment banking advisory firm, announced today… Read More

An Overview of the Lincoln Private Market Index™

The Lincoln Private Market Index (f/k/a Lincoln Middle Market Index), is the only index that tracks changes in the enterprise value of U.S. privately held companies—primarily those owned by private… Read More

Lincoln International adds Rodney Lacey as Managing Director

Lincoln International, a global investment banking advisory firm, is pleased to announce that Rodney Lacey has joined its Global Valuations & Opinions Group as a Managing Director based in Dallas.… Read More

Rodney Lacey

Rodney Lacey

As a Managing Director in Lincoln’s Valuations and Opinions Group, Rodney leverages more than 25 years of experience to help private capital clients accurately determine the fair value of their… Read More

Dividend Recapitalization Activity Remains Robust

Driven by an availability of capital and a desire to return capital to their investors, private equity sponsors continue to pursue alternative exit strategies, including dividend recapitalizations.  Despite persistently higher… Read More

Key Takeaways from Lincoln’s Private Capital Event

In October 2025, Lincoln International proudly commemorated the launch of its Middle East office in Dubai. Firm leaders partnered with the International Valuation Standards Council to host an exclusive Private… Read More

How Sellers are Narrowing the Gap with Buyers in M&A Post-Close Working Capital Adjustments

Working capital adjustments to the purchase price are a routine but consequential feature of mergers and acquisitions (M&A) transactions. These adjustments have historically favored buyers, resulting in a reduced purchase… Read More

Bloomberg | Private Credit Begins Sacrificing Secrecy to Draw in Retail Cash

Originally posted by Bloomberg on October 23, 2025. The private credit industry is undergoing a transparency revolution. As firms compete for retail investor dollars, they’re moving away from quarterly valuations… Read More

Fortune | Wall Street Might Be Panicking Over Private Credit, but Insiders Can’t See What All the Fuss Is About

Originally posted by Fortune on October 20, 2025. Brian Garfield, Managing Director in Lincoln’s Valuations and Opinions Group, provided insight on the private credit market, emphasizing the critical distinction between BSL facilities… Read More