TheLeadLeft

Lead Left Interview – Mark Habner (Part 2)

This week we continue our conversation with Mark Habner, Co-Founder and CEO of the BeckWay Group. Beckway provides operating capabilities to private equity firms and their portfolio companies. In his current role Mark leads BeckWay Group’s three divisions, TalentFinders, Trailblazers and Tracking Technologies. Second of two parts – View part one. The Lead Ledt: Could you…

Private Debt Intelligence - 6/4/2018

Private Debt Fundraising Struggles to Gain Momentum in Asia Although the rapid expansion of the private debt industry is widely recognised, it is equally apparent that the bulk of the increase has been focused on established markets in North America and Europe. Less focus has been paid to opportunities in Asia, and consequently the region…

Markit Recap – 5/28/2018

Italy ISDA basis – redenomination risk The spread volatility seen in recent days brings back memories of the 2010-2012 eurozone debt crisis. Whether they are fond recollections or not – many investors are no doubt scarred by the experience – in such febrile times observers from all asset classes reach for the CDS toolbox to…

Debtwire Middle-Market – 5/28/2018

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…

The Pulse of Private Equity - 5/28/2018

PE Firms Compete More Avidly for Value in Healthcare After steadily climbing over the past several years, the median size of healthcare private equity buyouts across North America and Europe peaked at a remarkable $136.8 million in 2017. Growth investing, meanwhile, has stayed relatively steady throughout the same period. (It should be noted that choppiness…