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Private Debt Intelligence – 3/15/2021
Women in Private Debt Across alternatives assets, the proportion of female employees rose to 20.3% by the end of 2020, compared to 19.7% in November 2019. In private debt, women account for just under a fifth (19.9%) of all employees at private debt firms…. Login to Read More...
Debtwire Middle-Market – 3/15/2021
Source: Cliffwater Direct Lending Index and BofA Merrill Lynch US High Yield Effective Yield The red line in the chart is the *Cliffwater Direct Lending Index (CDLI) current yield, which is based on the investment income of the underlying assets held by public and private BDCs. BDCs invest in middle market companies, and the Index…
Covenant Trends – 3/15/2021
Percentage of Deals with 75+ bps MFN (Past performance is no guarantee of future results.) Contact: Steven Miller
Middle Market Deal Terms at a Glance – March 2021
Source: SPP Capital Partners Contact: Stefan Shaffer stefan@sppcapital.com
PDI Picks – 3/15/2021
The new normal is the old normal After a brief period of change, deals are starting to look very similar to how they did pre-covid. “It’s amazing how quickly the snap-back has happened,” said Richard Olson, a London-based managing director at investment bank Lincoln International, reflecting on how private debt deal terms have quickly reverted…
Loan Stats at a Glance – 3/15/2021
Contact: Marina Lukatskymarina.lukatsky@spglobal.com
