Over the past decade the yield on middle market senior secured loans has outpaced that of many other asset classes.
Source: S&P LSTA Middle Market Index; S&P LCD High Yield unsecured new issue yields; S&P LSTA Loan 100 Index; MSCI EM; MSCI World; Barclays Global Treasury 1-3 Year; Bloomberg Barclays Global Treasury 7-10 Year
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Multiples on PE buyouts
August 6, 2026
This quarter marks our integration of SPI by StepStone as the primary source for US buyout valuation metrics for the PE Breakdown.
US Leveraged Loan Issuance Slows to $76.5b in July
August 6, 2026
The US leveraged loan market has continued to slow from the May level of $104.7b, with approximately $76.5b priced in…
