One of the enduring mysteries of life, other than the fact that Kanye West is Bruce Jenner’s son-in-law, is getting a handle on deal supply in the leveraged loan markets. By the numbers, the forward institutional pipeline has been drifting south since Labor Day. According to S&P Capital IQ, last week’s calendar stood at $40…
This week we continue our conversation with M. Grier Eliasek, President and Chief Operating Officer of Prospect Capital Management. Prospect is a $7+ billion AUM leading provider of flexible private debt and equity capital to sponsor and non-sponsor owned middle market companies. Second of two parts – View part one The Lead Left: How much do CLOs…
Volatility was the name of the game earlier in the first-quarter as credit was swept up in the maelstrom affecting other asset classes, particularly US Treasuries and equities. The main credit indices spiked upwards and the Markit VolX Europe, which tracks realised volatility in… Subscribe to Read MoreAlready a member? Log in here...
The trend toward higher leverage seen in the U.S. has been mirrored across the pond as private equity firms increasing their reliance on the debt markets to finance buyouts and dividend recaps. Average debt-to-EBITDA… Subscribe to Read MoreAlready a member? Log in here...
Contact: Robert Polenberg robert.polenberg@spcapitaliq.com
With no compelling reason to close deals by year-end, new loan volume has declined every month since June…. Subscribe to Read MoreAlready a member? Log in here...
The big story in the global economy as 2015 comes to an end is undoubtedly the sharp fall in the oil price. Brent crude is hovering around $70 a barrel, the lowest for about five years…. Subscribe to Read MoreAlready a member? Log in here...
The Desktop 2015 CLO Market Outlook presented by David Preston, CFA and Jason McNeilis, CFA at Wells Fargo Securities Current Market Environment Spread Outlook CLO Primary Outlook Euro CLO Outlook Regulatory Outlook Loan Market Overview Risk Assessment