Insights

Apr
2026

LinkedIn Article  ·  Governance

Governance as Infrastructure: Lessons from Institutional Capital Markets

In institutional capital markets, governance is not a compliance checklist. It is the operational architecture through which trust is built, capital is allocated, and long-term value is created. This article explores what two decades of board representation across 100+ companies teaches about the real function of governance frameworks...

Apr
2026

LinkedIn Article  ·  Capital Discipline

Capital Discipline and Regulatory Complexity in Modern Finance

Regulatory complexity is not a problem to be managed around — it is a competency to be developed. For institutional capital practitioners, the ability to navigate ambiguous regulatory environments with transparency, discipline, and fiduciary clarity is a defining differentiator. This article examines what that looks like in practice...

May
2026

Article  ·  Private Credit

When the Model Says No: Fiduciary Governance for AI Inside Leveraged Credit

Machine learning is now inside leveraged loan underwriting, covenant monitoring, and portfolio surveillance at scale. The institutions that govern model risk as a first-class fiduciary function compound across cycles. A framework for board-level oversight: override authority, regime drift, escalation paths, and the written record that holds up to the second look.

May
2026

Article  ·  Capital Advisory

When the Mandate Stops Tracking the Mandate

The discipline of repositioning a capital advisory engagement mid-stream when the data tells a different story than the original brief. Lessons from a 2012 Connecticut skilled-nursing transaction and thirteen years inside the GE Capital Special Situations Group.

May
2026

Article  ·  Operational Discipline

Automation Is a Governance Question Before It’s a Technology Question

Middle-market automation programs fail when companies start with a vendor. A three-step discipline — workflow audit, unit-economics mapping, named process owners — that produces durable margin instead of an expensive wrapper around unchanged operations. A composite case study from inside a services business that came down from $2.4M to $1.1M in first-wave capital and held the gains.

June
2026

Article  ·  Fiduciary Oversight

The Board Question Structured Credit Should Ask More Often

Structured-credit boards see tranche ratings and overcollateralization tests. They rarely see how much headroom remains or how correlated that headroom is across covenants. A four-component framework — written risk taxonomy, model governance with named ownership, covenant triage by economic weight, pre-specified escalation path — and the three board-level questions that separate fiduciary oversight from observation.

June
2026

Article  ·  Regulatory Strategy

Regulatory Navigation Without Compromise

Regulators surprise the institutions that built around them, not the ones that built for them. A four-component framework — regulatory taxonomy mapped to product, contemporaneous documentation, named regulatory owner per product, escalation path mirroring credit — and three board-level questions that turn examination from discovery into confirmation.

June
2026

Article  ·  Special Situations

Special Situations: Where Governance Creates Alpha

Returns in this asset class do not come from the purchase price or the capital structure. They come from what happens in the first six months after ownership transfers, when governance either takes hold or does not. Four patterns — over-levered roll-up, orphaned division, covenant default, regulatory overhang — four governance interventions, and why the board is the actual unit of alpha generation.