State of Distressed: Ensis’ Shinder on Middle-Market Workouts
“There’s such an informational asymmetry between incumbent investors — the direct lenders who are in the deal and the sponsor — and new parties that it can be harder to...
By Mariam Traore · Bloomberg
“There’s such an informational asymmetry between incumbent investors — the direct lenders who are in the deal and the sponsor — and new parties that it can be harder to bridge that bid-ask,” said Ensis Partners Co-Founder Richard Shinder. “Price transparency acts as a signal... and if you don’t have that price signal, that can be a deterrent to getting things done.” Shinder shared valuable insights into the rapidly evolving middle-market and private credit restructuring landscape in his conversa