TheLeadLeft

The Pulse of Private Equity – 9/30/2019

Where will all the infrastructure money go? Almost three political centuries ago, expectations were high for a bi-partisan and highly funded infrastructure bill. While a lot has happened since January 2017, the promised infrastructure package was not one of them. Recall, though, the fervent efforts among PE investors to piggyback off of those plans. Blackstone…

Leveraged Loan Insight & Analysis - 9/30/2019

1-3Q19 Leveraged issuance down 32%; Institutional volume at 5 year low The 3Q19 leveraged market logged just over US$245B of issuance, flat from year ago levels, to push 1-3Q19 totals to US$762B, the lowest nine month total in seven years. Most of the shortfall can be traced to hints of market stress which have contributed…

Take-offs and Landings: Middle Market Loans vs Economic Cycles

Last month, in an historic achievement, a French inventor named Franky Zapata flew his hoverboard, the Flyboard Air, across the English Channel. It was also the 110th anniversary of France’s first successful plane crossing. His success was not guaranteed. Ten days earlier, Monsieur Zapata crashed at the halfway point trying to refuel. Said the unharmed […]

Private Debt Intelligence - 9/30/2019

Private Debt Investors’ Attitude Towards ESG The discussion around environmental, social and governance (ESG) within alternative assets has never been so lively as it is now. Investors are conscious of the importance of ESG investing and they are carefully looking for funds to ensure they meet the requirements in this area. At the same time,…