Q1 2025 European Leveraged Finance: Focus on private credit CLOs

Taron Wade is a director on LCD’s London team, leading European research. She most recently was a director for the European Corporate Research team at S&P Global Ratings, with a focus on capital markets. Prior to that, she wrote about the credit markets for Breakingviews and was loans and leveraged finance editor for EuroWeek (now Global Capital). Wade spent the first five years of her career writing for various capital market newsletters published by Institutional Investor, both in New York and in London.

She graduated from Cornell University with a B.S. in Applied Economics and Business Management.

Francesca Ficai is a managing editor overseeing private credit in Europe. She joined LCD in January 2020 after working for Debtwire and Mergermarket. She started her career in policy, working for the European Commission and the House of Parliament, and is fluent in four languages.

Michael is a reporter for LCD in London, with a specific focus on European collateralized loan obligations. Prior to joining LCD in June 2020, Michael worked for various publications covering syndicated loans—spanning leveraged, investment-grade, project and property financing—across EMEA and the US.