Underneath private credit’s complexity and opacity, the only reality that matters is the cold mechanics of cash.

Some expenses simply don’t wait. Rent, payroll, healthcare, utilities—these obligations show up on time every month, regardless of how the economy is behaving or whether income arrives late. That’s ...

Q4 2025 Management View CEO Phillip Chan described 2025 as “a transitional year for the company, during which we made measurable progress across four key priorities,” including driving sales growth ...