Perspectives
October 2026
Perspectives
Perspectives from the firm.
Notes from Slate Blue Capital and its four platforms on governance, private markets and capital. Published when we have something worth saying.
i
The firm · October 2026 · 6 min read
Why one firm, four platforms.
Private equity, credit, multi-asset solutions and capital markets under one roof can serve investors well or badly. The difference is the rules, and when they are written.
Private equity
Slate Blue Foundry.
i
October 2026 · 6 min read
The first hundred days are a plan, not a honeymoon.
In control and growth investing, the months after closing decide more than the price paid. A note on how disciplined owners use them.
ii
October 2026 · 6 min read
Buy-and-build is an integration business.
Assembling a platform through add-on acquisitions can create real value. Most of it is earned after closing, in the unglamorous work of putting companies together.
iii
October 2026 · 5 min read
The management team is the investment.
Capital, strategy and governance matter. But in control and growth investing, the people running the business decide most outcomes. A note on how owners should treat that fact.
iv
October 2026 · 5 min read
Selling well starts years early.
Whether a business is eventually sold, recapitalized or taken public, the quality of the exit is shaped long before a banker is hired.
Credit and insurance
Slate Blue Harbor.
i
October 2026 · 7 min read
What insurers need from private credit.
Insurance balance sheets and private lending can be a natural fit. They work best when the manager builds for the insurer's constraints from the start, not as an afterthought.
ii
October 2026 · 6 min read
In private credit, documentation is protection.
A lender's strongest defense is often not the collateral itself but the agreement that governs it. Why the work done before closing matters most when a loan is tested.
iii
October 2026 · 5 min read
Asset-based finance: lending against what is there.
Some of the most useful credit in the economy is secured by receivables, inventory and equipment rather than projected cash flow. An introduction to how it works and what it asks of a lender.
iv
October 2026 · 6 min read
When a loan goes wrong, process matters most.
Every lender will eventually face a borrower in difficulty. The outcome depends heavily on decisions made before that day arrives.
Multi-asset and solutions
Slate Blue Mosaic.
i
October 2026 · 6 min read
Liquidity is a product, not an accident.
Private markets were built to be held. As more investors hold them, the ability to adjust a position has become something that must be designed, governed and priced fairly.
ii
October 2026 · 6 min read
What an outsourced CIO owes its clients.
More institutions are delegating the management of their portfolios. The arrangement works best when responsibilities are explicit and the delegate's interests are plain to see.
iii
October 2026 · 6 min read
Private markets for individuals: access with guardrails.
Private market strategies are becoming available to more individual investors through their advisors. That access is only useful if it comes with clear structures, plain disclosure and realistic expectations.
iv
October 2026 · 5 min read
Manager selection is a process, not a relationship.
Choosing investment managers is one of the most consequential decisions in a multi-manager portfolio. It works best when judgment is disciplined by a repeatable method.
Capital markets
Slate Blue Summit.
i
October 2026 · 6 min read
Before the roadshow: questions every issuer should ask.
Choosing an advisor or placement agent is one of the first decisions in any capital raise, and one of the most consequential. A short guide to asking the right questions early.
ii
October 2026 · 6 min read
Fairness opinions: what they are, and what they are not.
Boards often rely on a fairness opinion when approving a significant transaction. Understanding its scope, and its limits, helps directors use it well.
iii
October 2026 · 6 min read
In a private placement, process protects the issuer.
Private placements let companies raise capital without a public offering. Their flexibility is real, and so are the rules that come with it.
iv
October 2026 · 5 min read
Debt or equity? Framing the capital decision.
Few decisions shape a company's future as much as how it chooses to finance itself. A short framework for thinking it through before talking to the market.
Perspectives are general information and reflect the views of Slate Blue Capital at the time of writing, which may change without notice. They are not investment, legal or tax advice, do not describe or offer any security, fund or service, and should not be relied on in making an investment decision. See Important information.
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