The focus now is on mostly global rather than domestic issues. Tariffs, trade, and geopolitical risks are taking center stage. Some of these are theoretical but could mirror events from 2017-2020. And while the rise of bond yields since the election suggest higher inflation to come, capital markets remain full speed ahead. Or as a […]
Launched Volume Source: LevFin Insights New-issue Yields Source: LevFin Insights Weekly Fund Flows Source: Lipper (Past performance is no guarantee of future results.) Contact: Robert Polenbergrobert.polenberg@levfininsights.com
Investors stick to less risky debt strategies Read more in ‘Private Debt Q4 2024: Preqin Quarterly Update’ Private debt fundraising was at a five-year low in 2024 despite continued investor satisfaction with the asset class’ performance, with 59% saying that investments had met expectations and a further 28% stating they had been exceeded…. Subscribe to
Record Month of January Sets Pace for a Busy 2025 January’s $186b of US institutional leveraged loan issuance was up $45.7b for an increase of 32.6% from the same month a year ago, making it the busiest January on record since Bloomberg began tracking the data in 2013. It amounted to the second busiest month…
Fitch U.S. MM CLO Spotlight – December 2024 Click here to learn more. In the charts above, Fitch presents aggregate data for issuers in its Privately Monitored Ratings (PMR) portfolio. Fitch privately rates these issuers for asset managers…. Subscribe to Read MoreAlready a member? Log in here...
TTM Default Volume, Count (Past performance is no guarantee of future results.) Contact: Eric Rosenthaleric.rosenthal@kbra.com
Source: VanEck BDC Income ETF, BofA Merrill Lynch US High Yield Effective Yield The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 10.4% as of 3 February) that tracks the overall performance of publicly traded business development companies (BDCs, are lenders to privately held middle-market…
Carveouts/divestitures as a share of all US PE buyouts by quarter Download PitchBook’s Report here. Carveouts accounted for 11.8% of all US PE buyouts in Q4 2024, a sequential quarterly increase…. Subscribe to Read MoreAlready a member? Log in here...
Daily Analytic: Unitranche spreads tighten sharply over the last year Unitranche pricing tightened significantly over the course of 2024, moving steadily lower in the first nine months of the year before edging higher in 4Q24…. Subscribe to Read MoreAlready a member? Log in here...
Real estate’s silver lining It’s an area of investment that hasn’t had the best headlines in recent times, but debt providers believe there are good opportunities beckoning. Fundraising for real estate debt-focused funds fell 17 percent year on year between 2023 and 2024, according to Private Debt Investor data, with market onlookers citing a lack…