TheLeadLeft

The Pulse of Private Equity - 2/15/2016

2015 Sees U.S. PE Fundraisers Slow Down U.S. private equity fund managers have had a fair measure of success lately. Last year, the median time it took a fund to close was 12.8 months, one of the shorter times on record, while over 87% of funds raised hit their target, for the second year in…

Markit Recap – 2/8/2016

European credit markets, led by the banking sector, have seen risk escalate over the past several weeks with the Markit iTraxx Europe Main index seeing it’s spread widen to June 2013 highs. One relative bright spot however, has been the region’s sovereign credit, which has largely steered clear of the contagion developed in the corporate…

Leveraged Loan Insight & Analysis - 2/8/2016

Despite hopes that 2016 would start off on stronger footing than 2015 closed, market volatility intensified in January. The Merrill Lynch HY Cash Pay Bond Index continued to demonstrate substantial downward pressure driven by macro volatility rooted in global growth prospects. Average bids hovered south of 86.5 by the end of last month, down from 89.16…

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…