Michael Gray, leader of the firm’s Private Equity, Venture Capital & Growth Companies practice, was recently quoted in the Private Debt Investor article “The pause that refreshes and venture debt.” The article discusses the collapse of Silicon Valley Bank (SVB) and its impact on the venture debt market. Gray noted how, “the recalibration pain is greater… than in past cycles because of the deflation from the top of Mount Olympus to sea level.”

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