TheLeadLeft
The Pulse of Private Equity – 1/4/2021
2020 buoyed by fourth quarter PitchBook’s latest US PE Breakdown is around the corner. Our numbers suggest a massive jump in Q4 activity, bringing 2020 closer to 2019 numbers than many expected. In all, we’re estimating 5,309 deals were done in 2020 totaling $708.4 billion. Respectively, those totals are -3% and -7% off 2019 numbers….
The Value Props
We typically dedicate the new year’s first issue to reviewing the year gone by. Unfortunately when we emerged from the holidays, 2020 seemed lost in a fog of masks, sanitizers, and Netflix bingeing. Two items in December did manage to penetrate our consciousness. First was an opinion piece from our content partner, Creditflux. Fellow columnist…
Chart of the Week: Steady As She Goes
Last year was Exhibit A on how non-traded loans perform amid volatility relative to their liquid cousins.
LevFin Insights: High-Yield Bond Statistics – 1/4/2021
Source: LevFin Insights Source: LevFin Insights Source: Lipper Contact: Robert Polenberg robert.polenberg@levfininsights.com
Private Debt Intelligence – 1/4/2021
Private Debt Fundraising Slightly Slows in 2020 Since 2015, more than 200 private debt funds have been closing each year. Even with the slowdown that the COVID-19 pandemic caused in the alternatives assets industry, private debt fund managers were able to maintain this trend and closed 202 funds in 2020…. Subscribe to Read MoreAlready a
PDI Picks – 1/4/2021
The LP view of 2021 Our annual study of investor sentiment finds optimism over future performance and an enthusiasm for distressed debt. Amid all the worry and confusion that has accompanied the global health crisis, it can be difficult to focus on the fundamentals of business – understandably so. But investors in private debt know…
Leveraged Loan Insight & Analysis – 1/4/2021
2020 US Syndicated loan volume at 10 year low amid pandemic In a year overshadowed by a global pandemic, social unrest and a prolonged US election cycle, lenders pushed over US$1.5trn of loan volume through the syndicated market, a 27% drop over the same time last year and a 10-year low. Although Covid-19 was the…