Fund Managers are committed to ESG Integrating environmental, social, and governance (ESG) factors into the investment process is becoming a usual part of doing business for alternatives fund managers. The amount of capital raised by ESG-committed funds over the last five years has been unceasingly growing…. Login to Read More...
Less for distress The coronavirus crisis may have been expected to lead to a fundraising surge for troubled companies. But investors are wary of making bad moves. Investors may be convinced of the intellectual case for changing their private credit allocations in reaction to the coronavirus crisis and its huge policy response. However, this crisis…
Contact: Marina Lukatskymarina.lukatsky@spglobal.com
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…
Combined AUM for US CLOs and retail loan funds inched up to US$784bn in July US CLO assets under management along with loan mutual fund assets under management, inched up in July for a combined total of US$784.4bn, which remains down 1.5% from January’s US$796bn peak. Loan market outstandings ticked lower to end July at…
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…
Big funds are more visible in 2020 Download PitchBook’s Report here. Fundraising has been more difficult in 2020, more so for smaller funds but less difficult for larger ones. The funds that have closed this year have tended to be on the larger side, according to PitchBook’s just released Private Fund Strategies Report, causing a spike…
Average Adjusted Leverage for M&A-Driven Loan Deals Contact: Steven Miller
Source: LevFin Insights Source: LevFin Insights Source: Lipper Contact: Robert Polenberg robert.polenberg@levfininsights.com