TheLeadLeft

The Pulse of Private Equity - 11/30/2015

Could PE Return Multiples Begin to Stagnate? Driven by the seller’s market over the past few years, recent private equity fund vintages have seen their return multiples improve considerably. Distributions back to limited partners have risen to staggering levels, with 2014 seeing no less than $467.8 billion alone…. Login to Read More...

Markit Recap – 11/23/2015

Military tension with Turkey has sent Russia’s CDS spread wider this morning but Russia’s apparent rapprochement with the west has seen investors treat Russian bonds in a much brighter light. After spending the first three months of the year in purgatory due to the continuing fighting in East… Login to Read More...

Report from the Front

Valentine’s Day is still months away, but for early planners we pass along the following: The world’s second largest diamond was discovered in a mine in Botswana last week. Weighing in at 1,111 carats, the giant gem is the size of a tennis ball. One expert reported it had “the potential to be one very…

Leveraged Loan Insight & Analysis - 11/25/2015

Loan mutual fund & ETF assets under management (AUM) finished October at $127 billion, their lowest level since June 2013, as investors continued to pull money from these funds and loan prices shifted lower.  Loan funds AUM is down over 10% this year, and is now 27% off the record high of $174 billion set…

Lead Left Interview  - Mickey D. Levy (Part 2)

This week we continue our conversation with Mickey D. Levy, chief economist of the Americas and Asia, Berenberg Capital Markets. Mickey is a long-standing member of the Shadow Open Market Committee and conducts research on a wide range of global economic, financial and policy issues.   Second of two parts – View part one The Lead Left: Separate from…

The Pulse of Private Equity - 11/23/2015

Canadian Deal Flow Strong, Bolstered by Investor Interest in Middle Market Canadian private equity activity has remained heightened throughout 2015, driven by strong numbers from the main hubs of investment, Ontario and British Columbia. Through 3Q 2015, 238 transactions worth C$37.3 billion have been… Login to Read More...