Private Debt, Breakfast of Champions
Last month the FDA began a formal investigation into complaints that eating Lucky Charms was making people sick. On iwaspoisoned.com, a social media forum, thousands reported serious stomach problems after eating the popular cereal…
▶︎ Read May 23 2022 newsletter: here
▶︎ Chart of the Week: here (by Numera Analytics)
(Any “forward-looking” information may include, among other things, projections, forecasts, estimates of market returns, and proposed or expected portfolio composition Past performance is no guarantee of future results. Investing involves risk; principal loss is possible.)
Latest news
US Leveraged Loans Return 3.36% to Investors YTD
The Bloomberg US Leveraged Loan Index (Ticker: LOAN) returned 0.96% in August and has gained an additional 0.28% through September…
PE dry powder
The capital that is being raised is flowing overwhelmingly to the largest, most established managers.
Middle market debt held by BDCs vs High yield vs Treasury yields
The blue line represents the current dividend yield of the VanEck BDC Income ETF (BIZD), which stood at 11.7% as…