TheLeadLeft

Leveraged Loan Insight & Analysis - 4/10/2017

Published by on

Cross border financings gain momentum as thin EMEA pricing attracts leveraged issuers

In a turn around from 2012-2013 market trends whereby European issuers tapped the US loan market in a bid to lock in thinner margins, a number of US leveraged issuers have turned to the European market early in 2017, to secure thinly priced deals. In contrast to the rising interest rate environment in the US, the European market is expected to keep interest rates low in the near term...

Subscribe to Read More
Already a member? Log in here
Lead Left Interview - Stephen Boyko (Part 2)

Published by on

This week we continue our conversation with Stephen Boyko of Proskauer. Steve is a partner in the firm’s corporate department and co-head of the private credit and finance groups. He represents one of the largest client rosters in the industry, including an array of specialty finance companies, private debt funds, and BDCs. Second of two parts…

Subscribe to Read More
Already a member? Log in here
Private Debt Intelligence - 4/10/2017

Published by on

Q1 2017 Private Debt Fundraising

After a sluggish start to 2016, private debt fundraising saw a huge acceleration in pace over the year, and secured a record $50bn of investor capital in the final quarter of the year. While the opening quarter of 2017 failed to match this activity, momentum has nonetheless continued into the year with fundraising expected to maintain or increase this pace in the coming months...

Subscribe to Read More
Already a member? Log in here
The Pulse of Private Equity - 4/10/2017

Published by on

Is the PE industry on pace for lower net cash flows?

Since 2012, net cash flows of private equity funds worldwide have been positive, with the last three full years handily exceeding $130 billion apiece. With fund returns through the middle of 2016, however, net cash flows currently stand at $27.0 billion, putting the back half of 2016 under considerable stress to even leave the year at more than $100 billion. This diminishing metric is attributable to a variety of factors, including the slow winding down of the buyout cycle in addition to a sluggish exit market...

Subscribe to Read More
Already a member? Log in here