The OCC issued a warning of rising corporate debt levels, with one veteran lawmaker comparing current conditions to those before the 2008 subprime mortgage crisis.
A partner at Trivest Partners, one of the first private equity firms to use R&W insurance, traces the growing use of these policies in the middle market.
Cheap credit helped fuel economic growth after the global financial crisis, but with interest rates set to rise in December, future growth is uncertain.
Middle-market private equity firm The Halifax Group announced today it has sold Pirtek Europe to PNC Riverarch Capital, a US-based private equity firm.