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The Pulse of Private Equity – 5/27/2019

Public firms have always been busier Download PitchBook’s Report here. We mentioned last week that the flagship funds of public PE firms are now bigger than they were pre-crisis, while the same (mostly) can’t be said for private firms. The cynic might point out the obvious, that public firms are incentivized to raise more money because…

Leveraged Loan Insight & Analysis - 5/27/2019

What characteristics of loans will cause the biggest problems in the future? When asked what characteristics of loans determine which middle market lenders will see the biggest problems in the future at LPC’s 7th Annual Middle Market Loans Conference, earlier this month, half of respondents chose weak documents, including aggressive EBITDA add-backs. Another 35% said…

Private Debt Intelligence - 5/27/2019

UK Dominates European Private Debt Europe is the second most active region for private debt after North America, but the scale and nature of activity varies widely throughout the region. While the potential investment opportunities and industries are more diverse, the fund management industry is very homogenous, and is dominated by firms based in the…