TheLeadLeft
The Pulse of Private Equity – 3/16/2020
The private markets aren’t immune Download PitchBook’s Report here. Much was made of the “buoyant” nature of the SuperReturn conference earlier this month. The gathering took place just as stocks began stuttering and the opportunity for turnaround artists looked vibrant. Three weeks later, that consensus appears to be shifting as the underlying economy itself shifts…. Subscribe
Debtwire Middle-Market – 3/16/2020
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…
Private Debt Intelligence – 3/16/2020
Private Debt slow to adopt ESG Frameworks In most alternative asset classes, ESG has been the acronym on everyone’s lips, but not so much in the private debt industry. A total of 292 private debt fund managers are signatories to ESG/impact investing frameworks tracked by Preqin…. Subscribe to Read MoreAlready a member? Log in here...
Middle Market Deal Terms at a Glance – Mar 2020
Source: SPP Capital Partners Contact: Stefan Shaffer stefan@sppcapital.com
LevFin Insights: High-Yield Bond Statistics – 3/16/2020
Source: LevFin Insights Source: LevFin Insights Source: Lipper Contact: Robert Polenberg robert.polenberg@levfininsights.com
Going Viral: Realities of the New Market
Back on January 8th, we reviewed credit market conditions in the wake of the killing of an Iranian general. Could this be the exogenous factor that sparks a Middle East war, and triggers a recession? We concluded with the following observation: “Whether the Fed can continue mainlining enough liquidity all year to overcome any exogenous […]
Covenant Trends – 3/16/2020
Percentage of Loans with MFN Carveouts Contact: Steven Miller
Loan Stats at a Glance – 3/16/2020
Contact: Marina Lukatsky marina.lukatsky@spglobal.com









