In 1Q15, higher yields in the leveraged loan market were apparent in both the large corporate and institutional middle market. However, data submitted to LPC from middle market lenders for smaller club sponsored deals indicated that pricing continued to… Subscribe to Read MoreAlready a member? Log in here...
Contact: Cuong Huynh cuong.huynh@spcapitaliq.com
Earnings season has started strongly with most firms beating expectations, but Greece’s uncertain status within the eurozone continues to dampen positive momentum. The latter part of the last sentence is all too familiar to market participants,… Subscribe to Read MoreAlready a member? Log in here...
This week we wrap up our three-part response to the contention, as argued in an articulate WSJ op-ed by Andy Kessler that the glory days of private equity are over. One interesting contention made by Mr. Kessler is that PE is “holding back the economy.” He uses examples of buying drugstores and car-rental companies, leveraging…
This week we continue our conversation with the Hon. David M. Walker, Senior Strategic Advisor, PwC, Founder, Comeback America Initiative, and former Comptroller General of the United States. Dave Walker is the author of Comeback America: Turning the Country Around and Restoring Fiscal Responsibility (2010), and will be a keynote speaker at the 22nd annual Atlantic…
Cash flowed into retail loan funds for the first time in two months. The $530 million figure was also the largest such in-flow in more than a year. Source: S&P/LCD, Lipper
U.S. Middle Market Shows No Signs of Slowing PE picked up where it left off in the middle market, notching 418 deals in the first quarter for a combined $69 billion. Both totals are in line with typical quarter numbers in 2014, which turned out to be a record year…. Subscribe to Read MoreAlready a
Yields on institutional term loans have inched higher so far in April, after dropping in March. The average yield, assuming a three-year term to repayment is 5.66 percent in April, up from 5.28 percent in March. Still April levels are below the 6 percent threshold,… Subscribe to Read MoreAlready a member? Log in here...