Loan Stats at a Glance – 10/2/2023
Source: Pitchbook LCDContact: Marina Lukatskymarina.lukatsky@pitchbook.com
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All About Secondaries (Third of a series)
Last week in our special series on private equity secondaries, we discussed how GPs are leveraging newly developed liquidity in that market to manage funds and assist their LPs with their specialized investment needs. Given today’s challenged capital markets it’s also tougher to extract expected values from your best properties. Sponsors are looking inwards and […]
The Pulse of Private Equity – 9/25/2023
Another strong year for private debt Download PitchBook’s Report here. Private debt fundraising is off to a strong start, according to PitchBook’s just-released H1 2023 Global Private Debt Report. At halftime, almost $95 billion has been raised across 74 funds. That pace is ahead of last year’s, which makes us confident that fundraising will eclipse $200…
All About Secondaries (Fourth of a Series)
Last week in our special series on private equity secondaries, we discussed how GPs are leveraging newly developed liquidity in that market to manage funds and assist their LPs with their specialized investment needs. Given today’s challenged capital markets it’s also tougher to extract expected values from your best properties. Sponsors are looking inwards and…
Chart of the Week: Bonds Away
The popularity of secondary equity investments has risen markedly since 2016.
Leveraged Loan Insight & Analysis – 9/25/2023
How does the US middle market characterize the quality of 3Q23 deal supply? Finding quality opportunities to put money to work has been one of the main challenges faced by middle market lenders this year. However, it seems that things could be improving on this front. When asked how they would characterize the quality of…
LevFin Insights: High-Yield Bond Statistics – 9/25/2023
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
DL Deals: News & Analysis – 9/25/2023
Year-to-Date Default Volume, Count Contact: Eric Rosenthaleric.rosenthal@kbra.com
Covenant Trends – 9/25/2023
Percentage of Deals with 75+ bps MFN (Past performance is no guarantee of future results.) Contact: Steven Miller
Private Debt Intelligence – 9/25/2023
Q3 private debt fundraising in North America hits twelve month high Aggregate capital raised in North America has hit $34.8bn in Q3 year-to-date (YTD), the highest it has been since Q2 2022, which achieved a near record breaking $52.8bn. The number of funds closed during the third quarter so far remains average for the year…