TheLeadLeft

Markit Recap – 9/14/2015

The sharp fall in commodity prices over the past 12 months has placed the energy sector under increased scrutiny from credit investors. But it tends to be exploration and production firms, as well as mining companies, that have borne the brunt of negative sentiment. Utilities often benefit from lower prices in raw materials, and their…

Why Volatility Matters (Part Two)

Leveraged loans occupy a unique position in the credit asset class. Like high-yield bonds they boast an active secondary market, but unlike junk they reside at the top of the capital structure. Also, like high-yield, these loans are extended to non-investment grade issuers so enjoy higher returns than their investment grade cousins. But unlike bonds,…

Lead Left Interview - Wayne McKinzie (Part 2)

This week we continue our conversation with Wayne McKinzie, a partner at Moore & Van Allen PLLC. Named in Best Lawyers in America for Banking and Finance Law, Wayne represents investors in various senior and mezzanine financing transactions and investments. Moore & Van Allen, based in Charlotte, is one of the largest law firms in…

Chart of the Week - Energy Loss

Relative to the overall market, secondary trading prices of energy-related issuers have taken a hit in the face of sector concerns. Source: Thomson Reuters LPC

Leveraged Loan Insight & Analysis - 9/14/2015

While the debate rages on as to whether the Fed will raise rates, equities swung wildly as investors digested the impact of slowing growth in China and its potential impact on global growth. Chinese officials announced there that there could be a “more forceful” fiscal… Subscribe to Read MoreAlready a member? Log in here...

The Pulse of Private Equity - 9/14/2015

LP Direct PE Investment Signaling Shift in Industry Limited partners have been steadily dialing up direct investing over the past few years. Prominent LPs such as CPPIB and Ontario Teachers’ Pension Plan are responsible for a big portion of that increase, but the uptick in activity is unmistakable…. Subscribe to Read MoreAlready a member? Log