TheLeadLeft
Private Debt Intelligence – 11/30/2020
Investors Plans for Their Allocation to Private Debt by 2025 In August 2020, Preqin ran a survey among investors to know their investment plans towards 2025. Of the private debt investors surveyed, 58% intend to increase allocations to the asset class by 2025, 14% of them plan to increase significantly their allocations…. Login to Read
Chart of the Week: SPACtator Sport
The number of special purpose acquisition company filings have ramped up sharply.
SPACs – A Primer (Part II)
Just before Thanksgiving a faithful reader alerted us to an article from Business Insider [link]. In it noted sommelier and “lifestyle director” Sara Lehman reviewed eleven wines – cabernets, pinot grigios and rosés – all under $10. Among selections including Trader Joe’s (“It’s reminding me of apple juice”), Costco (“Give it a nice swirl first”),…
Special Report: COVID-19 and M&A Activity
Beginning in July 2020 The Lead Left published a series of articles on COVID-impacted deal flow. This report consolidates those articles.
PDI Picks – 11/30/2020
Breaking the covenant Two recent surveys have shed light on the issue of covenant breaches, and how managers are responding to them. With the number of covenants in deals having declined markedly in recent years, there has been some doubt as to whether even a sharp downturn would be accompanied by a significant rise in…
Loan Stats at a Glance – 11/30/2020
Contact: Marina Lukatskymarina.lukatsky@spglobal.com
Credit markets: Volumes vs Vaccines
Answer: For most of US history, it was March 4, not January 20.Question: What is Inauguration Day? We found ourselves channeling our inner Alex Trebek this week as the nation’s attention began shifting from elections to vaccines. Pfizer’s trial results sent Wall Street to record highs. But on Main Street rising infections are propelling a […]
The Pulse of Private Equity – 11/16/2020
PitchBook’s new PE manager framework Download PitchBook’s Report here. PitchBook has developed a new framework to help analyze GP investing styles. Using the Herfindahl-Hirschman Index (HHI)—a metric that measures concentration—we can assign GPs a style score using their past investments as guideposts…. Login to Read More...