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Private Debt Intelligence - 3/29/2021

Private Debt Assets under Management by Geographic Focus, 2000 – 2020 While funds focusing on North America constitute 61% of total AUM, other regions have gradually expanded their share. This is particularly the case for Europe-focused AUM, which now makes up just under 30% of the total… Subscribe to Read MoreAlready a member? Log in

The Pulse of Private Equity – 3/22/2021

A good word for private equity Download PitchBook’s Report here. A quick break this week from the usual hard numbers and trendlines. PitchBook is working with the American Investment Council on a series of PE papers, and our latest is out today. In the healthcare space, PE firms are doing a lot of good in two…

DL Deals: News & Analysis  - 3/22/2021

Twenty is the new 50; Cov-lite invasion continues into direct lending It’s no exaggeration that covenant-lite is invading direct lending. Market participants across the board say today’s cutoff is $20 million EBITDA, compared to $35-40 million pre-Covid, and $50 million prior to the Great Credit Crisis of ‘08. Last week DLD covered a covenant-lite buyout…

Leveraged Loan Insight & Analysis - 3/22/2021

 BDC NAV per share records 2% quarter-over-quarter growth in 4Q20 Most BDCs have now filed 4Q20 financials and according to data compiled from Refinitiv’s BDC Collateral, BDC NAV per share increased 2% from 3Q20. It was the third straight quarter of positive NAV per share, after the four quarters prior to that had averaged a…

Fran, Dan, and Ran Show (Part II): Capital Markets 2021 - COVID Impact and Outlook

Private Credit​: views from investors/LP, the opportunities, new entrants, and lessons learned from the pandemic. Churchill’s Co-Head of Senior Lending Randy Schwimmer, Cliffwater’s Head of Capital Markets Fran Beyers, Comvest Partners’ Partner Dan Lee, and Refinitiv’s Head of Market Analysis Ioana Barza share their insights. ▶︎ Watch the full version interview from Opus Connect Webinar: […]