In this episode of Conversations with Anthony, we sit down with Anthony Consoli and Peter Massumi — founding partners of the Chambers- and Legal 500-ranked Massumi + Consoli LLP — to discuss the fast-changing dynamics of today’s middle-market deal environment. Drawing on deep experience advising sponsors and strategic buyers, they share how their firm was built for complex transactions, the expansion of their specialty practices, and the trends shaping M&A in 2025.

Whether you’re operating, investing, or executing in the middle market, this conversation offers a clear view into the mechanics, pressure points, and opportunities defining transactions in the year ahead.

• (00:00:00) - Conversations With Anthony
• (00:00:50) - Peter Misumi and Tony Console Discussing the New Firm's Private
• (00:03:05) - Private Equity M&A Practice Expands
• (00:05:17) - Jefferies: Private Equity Deal Activity
• (00:08:17) - Have We Seen Enough Add Ons in the Market?
• (00:11:08) - Continuation Vehicles
• (00:12:16) - What is the CVs market?
• (00:14:29) - Middle Market Deals, Secondary and CV
• (00:15:53) - Pre-Closing Negotiations: How to Avoid
• (00:21:52) - How AI Is Affecting the Deal Market
• (00:25:53) - What is it like to Be at the Closing Table?
• (00:30:24) - CapEx Executives: On the Market in 2026
• (00:32:20) - Private Equity: 2021

Private credit has moved from an alternative strategy to a core pillar of today’s capital markets—but is the market prepared for what comes next?

In this episode of Conversations with Anthony, Anthony Caporrino is joined by JP James, Chairman and CEO of Hyde Financial Assets, for a candid discussion on the evolution of private credit, the forces driving its rapid growth, and the structural risks emerging beneath the surface. Drawing on decades of experience across private markets, data analytics, and consumer credit, JP shares why private credit has stepped into the void left by traditional banks, where excess capital and speed are creating fragility, and how misaligned liquidity and limited visibility into underlying assets could pose challenges in the next downturn.

• (00:00:00) - Conversations With Anthony Caprino
• (00:00:46) - Private Credit, Will It Survive?
• (00:04:41) - Private Credit: Attractive to Investors
• (00:10:42) - Private-Credit vs. Traditional Bank Credit
• (00:13:55) - Private Credit Is More Mainstream
• (00:22:46) - Risk of Large Institutions Ignoring the Basis
• (00:27:45) - Private Credit: The Need to Understand the Technology

Discover why the most forward-thinking private equity firms are betting big on Global Delivery Networks and how this approach is transforming portfolio performance. In this episode, featuring Sameer Ahluwalia Managing Director at Alvarez & Marsal Offshore Capability Center in India, we explore the strategic advantages of building offshore delivery hubs — from accessing top digital and AI talent to accelerating execution and unlocking major cost efficiencies. With real case studies and market insights, you’ll learn how leading funds are using these models to drive scale, improve outcomes, and lift exit multiples.

• (00:00:00) - Private Equity: The Value of Global Delivery Networks
• (00:01:52) - Why does private equity need the global delivery network?
• (00:04:00) - What is the Private Equity Perspective on Outsourcing?
• (00:05:20) - Private Equity: Global Delivery and Generative AI
• (00:08:19) - Does AI Integrate With GDN?
• (00:10:47) - Offshore and GDN: Why India and the rest of the
• (00:12:26) - India's advantages for nearshore IT,
• (00:14:31) - Valuing Private Equity: Scale
• (00:20:25) - Private Equity's GDN Perspective
• (00:24:35) - What is A&M Best suited to Do Private Equity Performance Improvement
• (00:26:56) - Q&A With Sameer and Anthony