Debt takes a larger slice of the pie A new survey shows private credit’s solid performance makes it an investor favourite. Private credit is expected to be the fastest-growing part of institutional investor portfolios, according to research from consultancy bfinance…. Login to Read More...
Contact: Marina Lukatskymarina.lukatsky@spglobal.com
Europe slows down considerably Download PitchBook’s Report here. European PE activity hit a skid in Q2, as expected. According to PitchBook’s recently released Q2 European PE Breakdown, deal volume plunged to its lowest quarterly totals since Q3 2013. 650 transactions closed in Q2 for €79.8 billion, YoY declines of 31.5% and 18.7%, respectively…. Login to Read
US debtor-in-possession loan volume surpasses US$10bn so far this year Completed US debtor-in-possession (DIP) loan volume is on track to reaching the highest annual level since the Great Financial Crisis, as many companies have struggled during the Covid-19 pandemic. Already this year there has been over US$10bn in completed DIP volume across 23 deals, with…
This week we kick off a new series on COVID-impacted deal flow, with a look “upriver.” How has M&A activity been affected, and what should deal makers expect for the “new normal?” We interviewed top middle market investment banks about their experiences so far in this coronavirus season. The beginning of the crisis caught advisory […]
The Private Debt Market Continues to Grow The private debt industry has seen the growth in its AUM accelerate in recent years, and by December 2019 (our latest data available) funds held a total of $854bn in assets under management (AUM). The market is now more than three times bigger than it was ten years…
Average Minimum Day-One Capped Basket Capacity, Quarterly Contact: Steven Miller
Issuers from hard hit sectors like leisure and energy stay busy in HY market Source: Debtwire Par High yield bond deal flow has eased in July, with US companies issuing USD 18.25bn of high yield bonds, following a record setting month in June when volume topped USD 60bn in June. On a year-to-date basis, the…
Source: LevFin Insights Source: LevFin Insights Source: Lipper Contact: Robert Polenberg robert.polenberg@levfininsights.com