Chart of the Week: Finding Private Debt
The number of private debt funds raised globally slumped in the third quarter, but has generally held steady.
The number of private debt funds raised globally slumped in the third quarter, but has generally held steady.
Leveraged loan market sees a pick-up in M&A-related deals and dividend recaps Source: Debtwire Par Following on from September, the month of October is seeing a steady stream of leveraged loan deals, comprised of M&A-related transactions, dividend recaps and refinancings. On a positive note for lenders, M&A-related institutional loan deal flow has topped USD 9bn…
Source: LevFin Insights Source: LevFin Insights Source: Lipper Contact: Robert Polenberg robert.polenberg@levfininsights.com
Review of Current Market Conditions/ Analysis of Capital Markets Metrics/ Review of Credit Quality/ Outlook for Fourth Quarter 2020
“If you liked private credit before, you’ll really like it now.” That’s the way one practioner neatly summed up how investors should be thinking about the asset class in a COVD environment. The trends supporting that thesis this year should continue well into 2021. A sizzling economy doesn’t really help credit. No worry there. Unemployment […]
Direct Lending and mezzanine strategies gathered most of the capital in Q3 2020 In Q3 2020, private debt fund managers were able to secure $8.4bn by 20 funds closed. What fund types stood out? Direct lending and mezzanine strategies secured the bulk of capital, raising $3.8bn and $2.6bn respectively…. Subscribe to Read MoreAlready a member?
Distribution of Accordion F&C Tranche EBITDA Grower Caps (L3M) Contact: Steven Miller