2 min readThese are certainly challenging times for the Federal Reserve. The past few weeks brought new data confirming historically tight conditions in the labor market alongside soaring domestic price pressures. While the Fed’s recent aggressive rate hikes have yet to cool inflation, concerns are growing that the pace and scope of their activity will push the…
3 min readInvestors grew increasingly concerned about the risk of recession in late June. Stock markets were particularly volatile on Thursday with the S&P giving up 0.9% on the day and 21% over the first half of the year, marking the worst performance since the 1970s. The DJIA declined 0.8% and the Nasdaq retreated by 1.3% as…
1 min readThe venture debt ecosystem has expanded in recent years, both in terms of the amount of capital being deployed and in the number of active lenders in the tech sector space. As new lenders have entered the market with fresh perspectives, seasoned lenders have evolved and grown in scale. Watch a recording (4/28/2022) of Capital…
5 min readCapital Advisors Group has been advising companies seeking to obtain venture debt for more than 18 years. Among the most common questions we get from new clients are “How much do you think we can borrow?” or, “We would like to borrow X. Do you think that is possible?” Clearly, the amounts companies may be…
6 min readLIBOR entered its next phase on January 1st, 2022. The date marked when no new financial contracts could be priced off LIBOR, which underpinned more than $200 trillion in loans , contracts, and derivatives as of the end of 2020. LIBOR (the London Interbank Offered Rate) will still be published as a reference rate for…
2 min readThe Fed held its first meeting of 2022 last week and erased any lingering doubts, of which there were few, that it will raise the overnight lending rate when it next convenes in mid-March. In the press release following the meeting, the FOMC stated that “the Committee expects it will soon be appropriate to raise…
6 min readStepping into office with leading and supporting roles open across the government’s top financial regulators, the Biden administration was given a unique opportunity to reshape the financial regulatory landscape. Nominating four members to the seven-member Federal Reserve Board and promoting another to a key position, the Biden Administration has already made an outsized impact on…
2 min readThe Fed appears likely to increase its overnight rate target at the March 15th-16th FOMC meeting. In addition to many other Fed officials who have expressed a willingness to tighten monetary policy to contain inflation pressures, Fed Chair Powell reinforced the hawkish tone at his Senate nomination hearing earlier this month. Throughout most of 2021…
2 min readThe Federal Reserve met over the past two days to review its stance on monetary policy, and it has provided specific details on plans to taper its bond purchase program over the next few quarters. Since March of 2020, the central bank has been buying $120 billion of assets each month, and it revealed today…
1 min readIn this webinar, Stefan Spazek and special guests Bill Wickline, who leads the national life sciences practice for Bridge Bank, and Robert Lake, leader of the national life sciences group at Runway Growth Capital, discuss debt financing for growing companies in the healthcare sector. Watch a recording (10/27/2021) of Capital Advisors Group’s webinar, Healthcare Debt…