This week we speak with Ian MacTaggart, President & COO, and Joan McCabe, Managing Director, Brynwood Partners. Founded in 1984, Brynwood Partners is a controlled oriented, operationally-focused lower middle market private equity firm that is consumer sector focused and has established a strong niche in the corporate carve out sector. Brynwood is currently investing Brynwood…
Credit markets are now accustomed to low volatility, but there were signs over the third-quarter that the climate is changing. North American CDS, as represented by the Markit CDX.NA.IG index, traded in a relatively broad range during the quarter. The index hit 55bps in early July, its tightest level since October 2007…. Subscribe to Read MoreAlready a
Mega-deals Down, Mega-exits up Few investors are as opportunistic as PE firms, which need to invest at entry points low enough (and exit high enough) to justify their investment models. With valuations where they are right now,… Subscribe to Read MoreAlready a member? Log in here...
Source: S&P Capital IQ Contact: Robert Polenberg robert.polenberg@spcapitaliq.com
Over $429 billion of syndicated loan volume worked its way through the market in 3Q14, to push 1-3Q14 totals north of $1.5 trillion. Although year to date issuance was down a relatively modest 5 percent year over year, 3Q14 lending alone was down 28 percent compared to 2Q14 and off 17 percent… Subscribe to Read
A persistent misunderstanding in leveraged lending is using leverage as the sole metric for market frothiness. Drawing such conclusions is like judging an episode of Keeping Up with the Kardashians by the first two minutes. That takes at least three minutes. It’s tempting, of course, to be carried away by the headlines. Both Thomson Reuters…
While some metrics of highly leveraged loans for new buyouts are approaching 2007 levels, by other measures, the market is at more reasonable levels…. Subscribe to Read MoreAlready a member? Log in here...
This week we continue our conversation with Zachary Iscol, founder and CEO of Hirepurpose, an organization developed by veterans for veterans to assist in the transition from military to civilian careers. Zach is a combat decorated Marine Officer and Iraq veteran. He is also the Executive Director of the Headstrong Project, a non-profit organization that provides…