Related Perspectives

Meet our Senior Team

Dom Coppola

Dom Coppola

Dom provides valuation advisory services to alternative asset managers including private credit and private equity funds. He analyzes and values illiquid debt and equity investments in private companies. In every… Read More about Dom Coppola

Taylor Hollingshaus

Taylor Hollingshaus

Taylor provides financial and valuation advisory services to corporate boards and private equity GPs, supporting transaction-related decision making and corporate governance. He has executed over 50 fairness and / or… Read More about Taylor Hollingshaus

Maura Abeskaron

Maura Abeskaron

Maura advises large asset managers, direct lenders and private equity firms as part of Lincoln International’s Valuation & Opinions Group. She focuses on credit and evergreen fund structures. Outside of… Read More about Maura Abeskaron

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 about Moneycontrol | Outbound M&A Push to Continue Into 2026

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 about LevFin Insights | Holidays to Headwinds: Private Credit Stress Signals

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 about Single-Asset CVs: How They Stack Up

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 about Automotive Insights | Consolidation Trends in the European Tire Aftermarket

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

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 about An Overview of the Lincoln Senior Debt Index™

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 about In the Headlines: Lincoln’s Q3 2025 Indexes

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 about Q3 2025 European Lincoln Private Market Index™

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 about Webinar | Q3 2025 European Private Market Insights and Q4 Outlook

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 about Webinar | Q3 2025 European Private Market Insights and Q4 Outlook

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 about Webinar | Valuations & Opinions Group Q4 2025 Private Market Webinar

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 about Webinar | Valuations & Opinions Group Q4 2025 Private Market Webinar

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

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 about Q3 2025 Lincoln Private Market Index™

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

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 about Lincoln International adds Rodney Lacey as Managing Director

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 about Rodney Lacey

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 about Dividend Recapitalization Activity Remains Robust

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 about Key Takeaways from Lincoln’s Private Capital Event

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

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

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