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Monday, October 5, 2026The Morning Brief →Sign in
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Houlihan Lokey

In PWD coverage since August 19, 2026 · 5 stories
PWD coverage
Moves

Cerity buys the last of Shufro Rose, team by team

Cerity takes the final two of an 88-year-old New York firm's four advisory teams, and the sums say more about what buyers now value than the firm itself ever did.
distressed · Sep 16Private credit stress is concentrated as the coverage line worsens
distressed · Sep 11Private credit's 0.8% default rate is a size-weighting artifact
direct_lending · Sep 10PGIM's $1.5bn football book shows the trophy premium is gone
exit · Aug 19Carlyle's $2.8 billion MAI bet re-prices the RIA exit
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