Middle Market Deal Terms at a Glance – Feb 2016
Source: SPP Capital Partners Contact: Stefan Shaffer stefan@sppcapital.com
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Select Deals in the Market – 2/8/2016
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Survey Says
If you want to know what middle debt investors are thinking, why not ask them? This novel concept was rolled out simultaneously last week by two experienced middle market practitioners in the form of questionnaires. We thought it would be instructive to give you a sense of what the respondents had to say. The first…
Chart of the Week – Docket Watch
The pipeline for institutional middle market loans is off to a slower start compared to last year, as sellers take a “wait-and-see” attitude on deal appetite. Source: Thomson Reuters LPC
The Pulse of Private Equity – 2/8/2016
28% of U.S. PE Capital Overhang Predates 2013 Vintages Over a quarter of U.S. private equity dry powder is locked up in vintages from 2012 or earlier. That represents about $147 billion total that PE firms have on hand that now exceeds, give or take, three or more years in age—all these figures are sourced…
Lead Left Interview – Kathryn Dick
This week we chat with Kathryn Dick, Managing Director, Promontory Financial Group. Kathy advises clients on regulatory issues, risk management, and capital market activities. Prior to Promontory, Kathy had a 26-year tenure at the Office of the Controller of the Currency. The Lead Left: Kathy, you’ve had an extensive career in bank regulations. How did…
Loan Stats at a Glance – 2/8/2016
Contact: Timothy Stubbs timothy.stubbs@spcapitaliq.com
Markit Recap – 2/1/2016
UK linkers outperform despite falling inflation expectations Despite the UK’s monetary policy committee highlighting weak inflation today, inflation-linked gilts have proved to be a strong investment so far this year. UK inflation-linked gilts have returned 5% so far this year, outperforming gilts by 0.8%… Login to Read More...
2016 – A Look Ahead in the Middle Market (Last of a Series)
“We’re waiting to see what happens.” For many credit investors, and to some extent investors of all stripes, this oft-heard remark captures well the market’s view of 2016 as we enter its second month. In the world of broadly syndicated loans, arrangers are like auto mechanics working in a dark garage. Operating by feel rather…