“Laissez les bons temps rouler”… well maybe not quite

Daniel Wilk is an Executive Director and Client Portfolio Manager at FS Investments, where he is responsible for supporting investor diligence regarding Portfolio Advisors’ middle market private equity initiatives. He serves as a key resource for private equity across transaction types, including primaries and secondaries (both LP-led and GP-led), and direct equity co-investments. He also...

Mr. Dwin is the Founder and CEO of Lafayette Square, a model investment platform that deploys services-backed capital to local communities, independent businesses and diverse investors. Mr. Dwin currently serves as Chair of the Board of Trustees for the Vera Institute of Justice. He also serves on the nonprofit boards of the Children’s Hospital of...

Our Investment Research Team examines what’s driving reactionary responses in the credit market.

Credit markets were mixed in September as investors increasingly accepted that rates may remain elevated for an extended period.

Markets were gripped with volatility once again in September. Stubbornly high inflation, hawkish Fed rhetoric and poor earnings results in certain economic bellwether stocks weighed on markets with little reprieve.

Despite some modest weakness in high yield during the second half of September, we believe credit remains on solid footing for the remainder of 2021.