PE AUM forecast ($T) Download PitchBook’s Report here. By the end of 2030, we forecast global PE AUM to reach $8.8 trillion in our base case, with a plausible range of $7.6 trillion in our downside case to $10.2 trillion in our upside case…. Subscribe to Read MoreAlready a member? Log in here...
Leveraged issuance expands for second consecutive month despite slower M&A pipeline US LevFin issuance reached nearly US$150bn in May. While business expanded roughly 20% on the month and continued to improve after bottoming in March, the pickup wasn’t all that compelling once you kicked the tires and looked underneath the hood…. Subscribe to Read MoreAlready
US Leveraged Loan Issuance Poised to Top $100b in May Click here to access Bloomberg’s latest Global Leveraged Loan Index Report Following three consecutive months of declining issuance, the US leveraged loan market has rebounded sharply in May, with approximately $99.3b priced through May 27. This marks a significant recovery from April, when issuance totaled…
Q1’26 Yield Walk: Reported to Cash BDCs reported annualized income yields of 9.6% in the first quarter…. Subscribe to Read MoreAlready a member? Log in here...
U.S. Private Credit and Middle Market Performance Monitor: 1Q26 Click here to learn more. Fitch’s Privately Monitored Ratings Portfolio – 1Q26 Fitch recorded 19 downgrades and three upgrades in 1Q26, continuing the trend of downgrades outpacing upgrades…. Subscribe to Read MoreAlready a member? Log in here...
Specialist versus generalist PE capital raised ($B) Download PitchBook’s Report here. Fundraising consolidation is here to stay, and it will change the way managers go about raising new funds in the coming years…. Subscribe to Read MoreAlready a member? Log in here...
Institutional loan repricings return in May, with issuers wielding most of the negotiating power With more than 40% of secondary loans trading above par despite a 96-handled average bid, the repricing trade has come bustling back for issuers able enough and ready to go…. Subscribe to Read MoreAlready a member? Log in here...
North America remains investor favourite Despite talk of Europe becoming the new fundraising magnet, the data is not showing any significant change in LP appetite. There has been much written about the attractions of European private credit of late. Moreover, the region’s perceived strengths are frequently compared with the challenges facing aspects of the North…
The Growing Footprint of Private Equity Activities in European Lending Sponsor-backed activity is reshaping European credit markets, with direct lending serving as the primary engine of growth…. Subscribe to Read MoreAlready a member? Log in here...
Retail Investors Return to Loan Funds Amid Shifting Rate Expectations Click here to access Bloomberg’s latest Global Leveraged Loan Index Report Retail investors have steadily returned to leveraged loan funds following two consecutive months of net redemptions. The Invesco Senior Loan ETF (BKLN) recorded $359m in inflows this month through May 19, building on $528m…