Ryan ALM
Blog
What Would You Do?
Happy St. Paddy's Day to my Irish friends (I'm 1/2 Irish) and those that would like to be. May the luck of the Irish embrace you today. As many of you know, we are always willing to provide to the...
Unfortunately, the Joke Was On Us!
I started raising alarm bells related to DB pension exposure to alternatives - mainly private equity and private credit several years ago, and have produced roughly a dozen blog posts that touch on this issue. You may recall some of...
Another Cockroach!
As most folks were focused on the massive snowstorm that crippled a large swath of the U.S., BlackRock was disclosing another significant loss in one of their private debt funds. In this case, BlackRock TCP Capital, a publicly traded middle-market...
Not So Fast
In addition to publishing my thoughts through this blog, I frequently put sound bites out through LinkedIn.com. The following is an example of such a comment: Given Powell's statement about "balancing dual mandates", it seems premature to assume that the...
20+ Years in the Making!
For the first time since the dot.com bubble burst, the equity risk premium on the S&P 500 has fallen below 0. If you are concerned that U.S. large cap equities are looking frothy, this graph certainly supports that sentiment. Is...