TheLeadLeft
The Pulse of Private Equity – 12/16/2019
2020 prediction – more VC-to-PE buyouts Download PitchBook’s Report here. Our 2020 Private Equity Outlook went out last week, and we’ll delve into some of our predictions as we roll into the new year. One trend we expect to see more of is VC-to-PE buyouts. Though they’re often mentioned in the same sentence, venture capital and…
Already a member? Log in here
Debtwire Middle-Market – 12/16/2019
Source: Cliffwater Direct Lending Index and BofA Merrill Lynch US High Yield Effective Yield The red line in the chart is the *Cliffwater Direct Lending Index (CDLI) current yield, which is based on the investment income of the underlying assets held by public and private BDCs. BDCs invest in middle market companies, and the Index…
Already a member? Log in here
Private Debt Intelligence – 12/16/2019
North America Private Debt Set to Hit $500bn The North America-focused private debt market has seen a slowdown in 2019. As of December, 58 funds focused on the region had closed, raising a combined $40bn. This is significantly down from the 118 funds that secured $74bn in 2018, and is the lowest fundraising year since…
Already a member? Log in here
PDI Picks – 12/16/2019
Despite conventional wisdom, investors want more GPs The biggest question isn’t around whether LPs want more GP relationships. The question is, is this good for first-time managers? In a data set that could be rather friendly to first-time managers, almost five times as many investors want to increase the number of GPs they work with…
Already a member? Log in here
LevFin Insights: High-Yield Bond Statistics – 12/16/2019
Source: LevFin Insights Source: LevFin Insights Source: Lipper Contact: Robert Polenberg robert.polenberg@levfininsights.com
Covenant Trends – 12/16/2019
Distribution of MFN Maturity Carveout Horizons Contact: Steven Miller
Loan Stats at a Glance – 12/16/2019
Contact: Marina Lukatsky marina.lukatsky@spglobal.com