2021 on a record-setting pace PitchBook’s latest PE Breakdown Report, which will publish this Monday, shows a record-setting pace through the second quarter. Both volume and value figures are well above average at this point of the year. Q2 was especially active—we’re estimating the second biggest quarter on record, trailing only Q4 of last year….
Source: LevFin Insights Source: LevFin Insights Source: Lipper (Past performance is no guarantee of future results.) Contact: Robert Polenberg robert.polenberg@levfininsights.com
Fiesta Restaurant Group Agrees to Sell Taco Cabana Business to Yadav Enterprises Affiliate for $85M Fiesta Restaurant Group announced that it had agreed to sell all of the outstanding equity of Taco Cabana Inc. to an affiliate of Yadav Enterprises – a restaurant franchisee company that operates more than 300 locations throughout the United States…
Driving forward on ESG, but acceleration needed Private debt managers have made considerable progress but, particularly in North America, there is more to be done. Today any private debt manager underplaying the importance of environmental, social and governance issues might expect short shrift from any investor they approached for capital. However, it wasn’t always that…
Consumer discretionary tops PD deal activity in North America As an industry, consumer discretionary has seen the largest number of private debt deals in North America since 2016, at 1,007 deals with an aggregate deal value of $99.5bn. This includes a recent deal from Blackstone Group to buy Certified Collectibles Group… Subscribe to Read MoreAlready
Contact: Marina Lukatskymarina.lukatsky@spglobal.com
Percentage of All Loans that Cleared with the Least Protective Documentation Scores (5/5+/4-) (Past performance is no guarantee of future results.) Contact: Steven Miller
Calculating private credit volume in Europe is a bit dodgy. Even in the US, good numbers have only been available in the last couple years. We can however triangulate from other known metrics. The par amount of all leveraged loans was €15 billion in 1998, per S&P/LCD. It grew to €20 billion in 2003, €140…