TheLeadLeft

PDI Picks – 6/3/2019

Published by on

Firms bullish on an expanding investor base As alternative assets continue their rise, private fund managers may well keep notching additional LPs with each new product and successor fund. A majority of private fund managers expect to see growth across most aspects of their investor base, according to a survey conducted last month by Private…

Subscribe to Read More
Already a member? Log in here
Covenantive Easing (Third of a Series)

Published by on

As we continue our special series on covenants, we’ve noted how lenders and sponsors are pushing envelopes to deal with an increasingly competitive landscape. This includes areas of the credit agreement that might otherwise appear innocuous. Take financial statements. Quarterly numbers are typically due within 45 days after fiscal quarter-end, and annuals within 120 days…

Subscribe to Read More
Already a member? Log in here
Debtwire Middle-Market – 6/3/2019

Published by on

M&A/LBO activity dominates institutional loan issuance YTD Source: Debtwire Par M&A and LBO deals have been the driver of institutional loan volume this year, accounting for two-thirds of issuance. LBOs in particular have been the most active part of the market, posting USD 52bn of institutional loan volume…. Subscribe to Read MoreAlready a member? Log

Subscribe to Read More
Already a member? Log in here
Private Debt Intelligence - 6/3/2019

Published by on

Private Capital Subscription Credit Usage on the Rise Very few developments in alternative assets have attracted such a mixed response as subscription credit facilities (also known as equity bridge facilities, subscription line facilities or capital call facilities). Although they are nothing new, there is a wide range of views between fund managers and investors –…

Subscribe to Read More
Already a member? Log in here