Chart of the Week: Tale of Two Classes
As the Fed reversed course on interest rates last year, cash fled loan funds and piled into high-yield bond accounts.
TheLeadLeft
PDI Picks – 9/9/2019
Clearing the runway for venture lending VC fund managers are raising more capital, likely giving venture lenders more dealmaking activity. Venture capital fundraising could be on track to match last year’s $50.22 billion, according to data from sister publication Private Equity International…. Subscribe to Read MoreAlready a member? Log in here...
Already a member? Log in here
Private Debt Intelligence – 9/9/2019
Private Debt Cash Flows Investors commonly cite that they look to private debt to offer three advantages: portfolio diversification, a reliable income stream and high risk-adjusted returns. This strikes a balance between the perceived regularity and predictability of real assets, and the alpha generation of private equity investments…. Subscribe to Read MoreAlready a member? Log
Already a member? Log in here
Covenant Trends – 9/9/2019
Average Free-and-Clear as a Multiple of Pro Forma Adjusted EBITDA Contact: Steven Miller
LevFin Insights: High-Yield Bond Statistics – 9/9/2019
Source: LevFin Insights Source: LevFin Insights Source: Lipper Contact: Robert Polenberg robert.polenberg@levfininsights.com
Loan Stats at a Glance – 9/9/2019
Contact: Marina Lukatsky marina.lukatsky@spglobal.com
Special Report: Covenantive Easing
In May 2019 The Lead Left published a series of articles on covenant trends. This report consolidates those articles.
