TheLeadLeft

Markit Recap – 6/22/2015

It has been said that Greece’s influence within the eurozone seems to outweigh its relatively diminutive size. After all, its GDP is less than 2% of the total in the currency bloc (2014, current prices). But it is not just in politics that Greece punches above its weight. The performance of the credit markets… Subscribe to

The Pulse of Private Equity - 6/22/2015

If it seems like the PE market is getting crowded, it’s been that way for a while. The number of active global PE firms, defined here as having raised a fund in the prior five years or completing a deal in the prior three, has been on an almost-uninterrupted increase since 2000. From 1,453 active firms…

Remembering Jimmy

It’s said that a great tree cannot truly be measured until it falls. The untimely passing last week of Jimmy Lee, JP Morgan Chase’s vice-chairman, at the age of 62, left many in the banking world reflecting on the legacy of a man who transformed buyout finance. While tributes have noted Jimmy’s extensive contributions to…

Lead Left Interview - Robert Gefaell (Part 2)

This week we continue our conversation with Robert Gefaell, co-founder and partner, Plexus Capital. Plexus focuses on subordinated debt investments in middle market companies, with a total of $550 million under management across three funds. Second of two parts – View part one. The Lead Left: That’s pretty typical of smaller companies. Robert Gefaell: You bet – most owners…

Leveraged Loan Insight & Analysis - 6/22/2015

Halfway through 2015 and Leveraged Lending Guidance continues to keep leverage levels under control on buyout deals. The share of deals with leverage of seven times or greater has plummeted in 1H15 to only 5.7% from 26% last year. The share of deals levered greater than 7 times peaked in 2007 at almost 40%…. Subscribe to