Chart of the Week: Ships Ahoy!
Container ships in the US queue are up significantly since the summer.
Container ships in the US queue are up significantly since the summer.
Higher earnings is being driven by pent-up worker demand; a 4.3% increase over last year.
Growth in the US has slowed, while prices are on the upswing…but for how long?
Unitranche share of 2Q middle market sponsored loans slipped from 1Q, while overall activity jumped.
An armada of large unitranche financings have sailed into the direct lending market this year.
Volume for unitranche financings slumped at Covid’s onset, but quickly recovered.
Fundraising for European direct lending almost doubled since 2015, hit Covid, but is on the mend.
Fundraising for private debt in both US and Europe was strong coming into Covid, fell off, but is recovering.
Lincoln’s illustrative terms for “reasonably strong” senior and unitranche credits are generally consistent by country.
Non-bank European lending AUM is almost $160 billion, including about $50 billion of dry powder.