investment teams

junior credit

Charles Harper and Igor Acosta having a discussion next to a window

overview

Driving performance through longevity, continuity and credit expertise

Our team is among the market’s most tenured and respected, with a legacy of disciplined credit investing in the U.S. middle market since 1999. We invest in high-yielding junior debt of middle market companies alongside trusted sponsors. Our debt investments are often complemented with equity co-investments to enhance returns. We’ve deployed ~$4 billion through five funds, delivering top quartile returns with minimal losses.

1999

Year established

~$

4.0

B

Invested capital¹

key people

Charles Harper

Head of Junior Credit

Learn more about Charles

Igor DaCosta

Co-Head of Junior Credit

Learn more about Igor

Eric Staub

Managing Director, Junior Credit

Learn more about Eric

John Fagan

Managing Director, Junior Credit

Learn more about John

+

4

Investment professionals

18

Average years experience

investments

Junior Credit Strategies

Differentiated credit solutions for qualified investors.

Contact our institutional team to learn more

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insights

Private Markets Outlook

Forged, not found: Selectivity shapes outcomes as momentum builds

Private markets enter 2026 with clear momentum. The rebound is real—but the early-cycle playbook that has defined past recoveries is unlikely to deliver this time.

January 30, 2026

1 HR 30 MIN READ

Mapping the Markets

Mapping the markets: Q4 2025

We assembled our latest analysis across macroeconomics, public markets, private markets and portfolio construction to help you map today’s markets. Read the complete chartbook for in-depth charts and actionable insights, or explore key highlights below.

December 8, 2025

View more private credit insights

footnotes + disclosures

As of June 30, 2025