There are many faces of a leveraged buyout dollar. The private equity industry offers a robust landscape of strategies that provide a wide spectrum of risk-return profiles appealing to different investor requirements. Whether equity or credit-oriented, there are many options for investors to construct portfolios to meet their specific risk-and-return goals.
As we covered in the first installment of our special series, in a typical LBO the sponsor puts up the equity and borrows money from a lender to complete the purchase of a company...
Quote of the Week
“The sell-off in listed alternatives managers says more about sentiment and liquidity than it does about fundamentals.” – Sunaina Sinha Haldea, global head of corporate debt advisory, Raymond James Financial (Bloomberg).
Featuring Charts
Chart of the Week: The Equity Premium
In the long-term private equity pays for more risk with better returns. Source: MSCI
Read More
Chart of the Week: Inventory Check
Private equity remains an attractive option for investors through cycles. Source: PitchBook
Read More
Chart of the Week: State of Returns
For over two decades private equity has outperformed public stocks in state pension plans. Source: Cliffwater
Read More
Chart of the Week: Back in the Game
While PE deals transacted shrunk since 2021, deal values rose over past three years. Source: PitchBook
Read More
Chart of the Week: Private Credit Doubles
Direct lending and BDCs expected to lead the growth of private credit. Source: Fitch Ratings
Read More
Chart of the Week: Premium Outlet
The private credit yield advantage over BSL widens as single-B spreads shrink. Source: KBRA DLD Research, PitchBook LCD
Read More
Subscribe Now!
Join the leading voice of the middle market. Try us free for 30 days.
Click here to view the Newsletter sample.
What is the Lead Left?
- One-stop source for deals and data
- Market trend commentary and analysis
- Exclusive interviews with thought leaders
View Article By
Features
Middle Market & Private Credit – 2/2/2026
U.S. Private Credit and Middle Market Performance Monitor: 4Q25 Click here to learn more. Private Credit Default Rate (PCDR) The U.S. PCDR rose to 5.6% for the TTM ending 4Q25, the second-highest level since tracking began in August 2024. This is just below the peak of 5.7% seen in both February and November 2025, but…
Leveraged Loan Insight & Analysis – 2/2/2026
Latest crop of loan defaults underscores how steep losses can get when credit situations go wrong Secondary trading in the largest and most recently defaulted institutional loans offers a glimpse of how steep losses can get when leveraged credit situations go wrong…. Subscribe to Read MoreAlready a member? Log in here...
Bloomberg: Leveraged Lending Insights – 2/2/2026
US Leveraged Loan Returns Start Year in the Red The Bloomberg US Leveraged Loan Index (Ticker: LOAN) posted a negative return of -0.18% in January, marking the first monthly decline since last April. Average secondary market prices on US leveraged loans were 96.18 on January 30th after slipping 75bps from the December 31st figure of…
Octus: Private Credit & Deal Origination Insights – 2/2/2026
Over $3 Billion of Loans (at Cost) in Non-Accrual Status as of Q3’25 Mature Through 2027 Click here to read the full release. According to Octus data, 2025 credit issuance remained resilient for the second consecutive year, defying market volatility as private credit cemented its status as a mainstream financing powerhouse…. Subscribe to Read MoreAlready
The Pulse of Private Equity – 2/2/2026
PE take-private deal activity Download PitchBook’s Report here. Take-private deal value was buoyed by a handful of gargantuan deals, even as the number of transactions declined YoY…. Subscribe to Read MoreAlready a member? Log in here...
Middle Market Deal Terms at a Glance
provided by
Beginning in July 2022 The Lead Left published a series of articles on credit market. This report consolidates those articles.
Cov-lite trends Inflation & rising interest rates – LIBOR to SOFR transition Mega-tranche uni trend ESG takes center stage Login to view interactive report and download PDF version. … Subscribe to Read MoreAlready a member? Log in here Related posts: 2H 2021 Midyear Outlook Report State of the Capital Markets – Fourth Quarter 2016 Review and
Beginning in September 2021 The Lead Left published a series of articles on supply chain. This report consolidates those articles.
Our Content Partners
