英文外刊精读笔记（写作向）3

反正也没人看，干脆把专栏当笔记算了。记录些看外刊时候觉得对提高写作水平有用的东西。不提供翻译和生词解释什么的。内容自己看，我尽量选可能用得上的主题。每次就一段，所以我可能会一天发好几篇。可以用碎片时间一次性看完，不用收藏夹吃灰。

I started my career at Goldman Sachs right out of college. 一毕业就……

As we head into 2022, this issue showcases some of the rapidly proliferating options.

猛增、激增

Is illiquidity the best alternative to bubbly markets? 泡沫化市场

They have access to large pools of money and expertise in tasks such as spliting up loans via syndication. But if there were other lenders with deep pockets and a simpler, faster approach? 有雄厚财力，很有钱

What are the pitfalls? 隐患、陷阱、未被预料的风险

As the U.S.Federal Reserve threw money at the economy, the asset class help up better than expected. 乱花钱、砸钱； （在逆境中）表现良好

That's added to the appeal of the jumbo unitranche loans that are generally structured without such side deals. 让……显得更有吸引力

In August the $3.4 billions unitranche financing for Galway Insurance Holdings' takeover of MAI Manegement set a record. 创下一项纪录

The borrowers are mainly middle-market companies owned by private equity firms. 中型企业（年营收在1~10亿美元之间）

There are no roadshows and no ratings, and the debt is held by just a handful of lenders instead of being chopped up and divvied out to multiple investors. 少数几个，为数不多的几位

Overall the private credit market has ballooned to more than $1 trillon, almost tripling in the past decade. 猛增