NEW YORK, April 30, 2025 – Cedric Henley, Partner and Chief Risk Officer of Specialty Finance, is featured in PitchBook: “Facing cash flow pressure, sponsors and borrowers turn to ABL.” In this article, Ced discusses the growing demand for ABL among sponsor-backed borrowers, the strategy’s counter-cyclical nature, and why ABL can serve as a reliable source of liquidity during periods of financial stress.