This issue kicks off with a letter from our new CEO and Executive Director, Sean Griffin. He comments on the surprising similarities between the Olympics and the LSTA and reiterates our growing focus on private credit, technology, and operations. Next, Lisa Schneider shares a recap of her candid conversations with Sean and his predecessor, Lee Shaiman.

We then present a deep dive on market trends with Hugo Pereira’s recap of the first half of 2024, followed by Andrew Berlin’s inside look at private corporate credit default rates. Up next, Ellen Hefferan and Bridget Marsh revisit the ever-controversial DQ lists, and Tess Virmani presents a primer on BDCs.

We then turn to Elizabeth Yazgi for her insights on the role of the ESG IDP and to Elliot Ganz for a roundup of the LSTA’s important policy and advocacy work.

Lastly, we are pleased to include a guest opinion piece by Randy Schwimmer of Churchill Asset Management. The piece identifies important factors to consider when assessing opportunities within private corporate credit.