TheLeadLeft

Markit Recap – 5/30/2016

Brexit fears jolt sterling bond liquidity As the UK’s EU referendum approaches, associated uncertainty has seen risk in the sterling corporate bond market rise, with liquidity taking a blow. Sterling corporate bonds have seen credit spreads underperform euro peers so far this year Sterling corporate bond liquidity deteriorated in March, at the height of Brexit…

Leveraged Loan Insight & Analysis - 5/30/2016

According to Thomson Reuters LPC’s year-end survey, the majority of buyside and sellside institutions surveyed estimated that roughly 40% of managers had a Risk Retention solution in place. Maybe not quite put the structure and funding in place but as we approach December 24th, managers have not just been evaluating the various solutions out there,…

Growth and the Fed

It was the medical equivalent of winning the lottery. Patty Ris, an 87 year old resident of a Cincinnati nursing home, began to choke on her hamburger. A man seated next to the woman, seeing her distress, smoothly performed the Heimlich as if he had invented it. The piece of meat popped right out. Turns…

Lead Left Interview - Deborah Hicks Midanek (Part 2)

This week we continue our conversation with Deborah Hicks Midanek, founder and managing partner of Solon Group. Solon is a restructuring and turnaround advisory firm. Second of two parts – View part one TLL: What are the biggest mistakes senior management teams make? Deborah Midanek: Operating problems are fascinating to resolve, and I would love to…

Chart of the Week - Steady as She Grows

Leveraged loan issuers have maintained solid cash flow growth for the past four years, as the economy continues to muddle along. Source: LCD, an offering of S&P Global Market Intelligence

The Pulse of Private Equity - 5/30/2016

Another year of record PE distributions back to LPs? 2014 saw a mammoth $463.6 billion returned back to limited partners by private equity fund managers, capping off several years of steady increases in the annual total of distributions. But at $342.0 billion through the end of September, PE distributions in 2015 already look set to…