Coffee with Bill

Private credit has grown into one of the largest forces in global capital markets. And yet, beneath the surface, a more important question remains: what exactly are investors lending against?

CLOs were designed to distribute risk — not eliminate it. As private credit markets have grown, CLO issuance has surged alongside looser underwriting.

In a world that rewards speed, certainty, and strong opinions, listening has become a quiet discipline. Shifting conversations from transactional to relational.

The ABS market may look unstoppable, but this ABS boom hides a reckoning. Discover what it reveals for the next phase of the credit cycle.

The real test of a partnership shows up when things get hard — when communication breaks down, when markets shift, when egos collide. Will your partnership principles withstand the test?

Behind the friendly interfaces and feel-good marketing of Earned Wage Access (EWA) cash advance apps lies a model disturbingly similar to old-school payday lending.

Distressed debt, in particular, has always been a test of perspective. While some see non-performing loans as a dead end, others recognize them as entry points into valuable assets.

We’re in the middle of a historic pivot. I believe the current patterns aren’t just market phenomena, they’re mirrors of our own need to evolve, adapt, and reimagine what’s possible.

The market is shifting, and not just on the surface. Converging forces are reshaping real estate, debt, and the broader financial ecosystem.

As I contemplate the pressing issues and potential turning points defining our current economic reality, I'm reminded of how vital adaptability is, especially in our current climate of political [...]