LevFin Insights: High-Yield Bond Statistics – 1/13/2020
Source: LevFin Insights Source: LevFin Insights Source: Lipper Contact: Robert Polenberg robert.polenberg@levfininsights.com
Source: LevFin Insights Source: LevFin Insights Source: Lipper Contact: Robert Polenberg robert.polenberg@levfininsights.com
Private Debt Fundraising Slows in 2019 More than 200 private debt funds closed in each year from 2015 to 2018. But 2019 fundraising has lagged, and at the end of the year just 152 funds have reached a final close. Collectively, those funds secured $107bn, the lowest annual total since 2015 and a 11% decrease…
Contact: Marina Lukatsky marina.lukatsky@spglobal.com
#DirectLending #MiddleMarket
2019 US Syndicated loan volume down 20% compared to 2018 record high At US$2.1trn 2019 U.S. syndicated loan volume was down 20% compared to the record setting US$2.6trn raised the prior year amid a thinner pipeline of deals, higher market valuations and the long – if tangential – shadows cast by geopolitical and economic unease….
Average EBITDA Adjustment Cap for Synergies & Cost Savings Contact: Steven Miller
2020 prediction – a dip in fundraising Download PitchBook’s Report here. 2019 fundraising levels hit record territory in the US, passing $300 billion for the first time. Year-end numbers show a decline in the number of fund closings, though, which fell to 202. Despite the capital haul, that’s the fewest US fund closings since 2012. Taken…
Source: LevFin Insights Source: LevFin Insights Source: Lipper Contact: Robert Polenberg robert.polenberg@levfininsights.com
Last year was a strong one for junk bond funds, as $19 billion entered mutual funds.