Loan Stats at a Glance – 5/20/2019
Contact: Marina Lukatsky marina.lukatsky@spglobal.com
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The Pulse of Private Equity – 5/13/2019
Why are add-ons getting so much bigger? Download PitchBook’s Report here. The median add-on size almost doubled in the span of two years. The $41 million median seen in 2016 ballooned to $76 million last year, an 86% difference. At first glance, it looks like platform deal sizes have gone up much more rapidly, but charts…
Chart of the Week: Cash to Burn
Direct lending supply and demand is driven by increasing amounts of dry powder.
Select Deals in the Market – 5/13/2019
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US Asset-Based Lending Market Size
Click here to download CFA’s The 2019 Secured Finance Market Sizing & Impact Study DOWNLOAD REPORT US ABL Market Total ABL commitments by US lenders were about $465 billion in 2018 and are expected to grow in the range of 6%–7% in 2019, as new ABL commitments continue to outpace run-off. About $164 billion of […]
Emotional Support Loans
A beluga whale was found last week in the Arctic Ocean off the northern Norwegian coast. Otherwise not an unusual event, but this particular cetacean wore a harness. Its proximity to Russia sparked rumors the animal had been recruited as a spy. Another theory, however, soon surfaced. Some surmised “Hvaldimir” was an escapee from a…
Middle Market Deal Terms at a Glance – May 2019
Source: SPP Capital Partners Contact: Stefan Shaffer stefan@sppcapital.com
PDI Picks – 5/13/2019
When junior debt fundraising comes out on top The lack of mid-market mezzanine opportunities has likely caused the size of mezzanine funds to grow faster than senior debt vehicles. Fewer firms are raising a greater portion of all private debt capital, but this stands out to be particularly true in mezzanine debt. Junior loan funds…