Investor sentiment towards private debt remains strong Read more in Preqin’s: Trending Data: Investor interest grows in private equity, real estate, and VC. Private debt remains the most popular alternative asset class among investors, scoring 70.9% on Preqin’s Investor Sentiment Index…. Subscribe to Read MoreAlready a member? Log in here...
Healthcare IT PE deal count Download PitchBook’s Report here. In the lower middle market, we are beginning to see more examples of a phenomenon we have anticipated for a while: PE firms and PE-backed companies acquiring VC-backed startups…. Subscribe to Read MoreAlready a member? Log in here...
These partnerships are helping to drive the growth of the DC market, which is expected to rise to about £1 trillion by 2030 (according to PLSA). The largest of these plans is estimated to be committing to between 10%-30% in private/semi liquid market strategies. NEST, the largest DC master trust in the UK has stated […]
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
BDC Cash Income Dividend Coverage Pressured by Payment-in-Kind Income Click here to learn more. U.S. business development companies’ (BDCs) cash earnings coverage of dividends is expected to weaken further from 2Q24 levels as the persistence of elevated interest rates will drive further increases in paid-in-kind (PIK) income, Fitch Ratings says. Potential rate cuts, spread compression…
TTM Default Volume, Count (Past performance is no guarantee of future results.) Contact: Eric Rosenthaleric.rosenthal@kbra.com
Over US$2bn of loans added to BDC non-accrual status in 2Q24. non-accrual rate ticks up Over US$2bn of BDC loans were added to non-accrual status in the most recent quarter. In turn, the weighted average non-accrual rate for public and private BDCs combined ticked up to 1.66% in 2Q24…. Subscribe to Read MoreAlready a member?
Distribution of Synergies & Cost Savings EBITDA Addback Time Horizons (for Actions Resulting in Addbacks) (Past performance is no guarantee of future results.) Contact: Steven Miller smiller@covenantreview.com
When it comes to private capital, institutional investors in Italy have an increasing variety of options. Exposure to US private equity, for example. And while specialized strategies have emerged (e.g. venture capital), the focus on established buyout funds has been prevailing. Private equity issuance has been particularly active. For the first quarter of 2024, even…
Consumers in Italy reported a drop in confidence last month. Source: The Daily Shot(Past performance is no guarantee of future results.)