Launched Volume Source: LevFin Insights New-issue Yields Source: LevFin Insights Weekly Fund Flows Source: Lipper (Past performance is no guarantee of future results.) Contact: Robert Polenbergrobert.polenberg@levfininsights.com
Percentage of Loans with Uncapped Synergies & Cost Savings EBITDA Addbacks) (Past performance is no guarantee of future results.) Contact: Steven Miller smiller@covenantreview.com
US Leveraged Loan Launches Top $55bn in Second Week of 2026 The US leveraged loan market kicked off the new year in high gear, with $55.3b worth of deals launching to market during the week ending January 16th. It was the sixth busiest week for launches on record since Bloomberg began tracking the data in…
US private credit lending continued on its upward trajectory in 4Q25, driven by a jump in new money financings US direct lending sponsored volume climbed to US$109bn in 4Q25, an increase of 19% from the prior quarter. This uptick was driven by add-on M&A (+78%) and LBOs (+23%), which helped push new money financings up…
The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 11.5% as of 15 January, versus its five-year peak of 12.8% on 8 April 2025) that tracks the overall performance of publicly traded business development companies (BDCs, are lenders to privately held middle-market businesses that tend to…
Private equity as an asset class delivers strong returns to investors, often better than public market benchmarks (see Chart of the Week). It also diversifies investor portfolios with access to smaller high-growth private companies. As PE becomes available to high-net-worth investors, understanding how these investments work is essential for a sophisticated wealth program. While the…
For over two decades private equity has outperformed public stocks in state pension plans. Source: Cliffwater
The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 11.5% as of 15 January, versus its five-year peak of 12.8% on 8 April 2025) that tracks the overall performance of publicly traded business development companies (BDCs, are lenders to privately held middle-market businesses that tend to…
Insurers top of allocations table But our Investor Report finds that around two-thirds of institutions consider themselves under-allocated to the asset class. Public pensions may be the typical investor in private credit – accounting for 46 of the top 75 allocators to the asset class in Private Debt Investor’s annual Global Investor 75 ranking – but insurance companies are the ones apparently prepared to carve out the…
Life Insurer Investment Portfolios to Remain Broadly Stable in 2026 Click here to learn more. Life insurers’ investment portfolio mix should remain broadly stable, with solid credit quality and core fixed income dominant amid a continued tilt toward private credit and alternative investments, driven by opportunistic repositioning and regulatory reclassifications…. Subscribe to Read MoreAlready a