TheLeadLeft
PDI Picks – 11/27/2023
Fund managers will be put to the test In a challenging new environment, reporting and investing processes are likely to come under greater scrutiny. “Reputations will be made and lost in the next few years, and character will matter as much as technical brilliance,” one of a select group of investors told Private Debt Investor as we…
The Pulse of Private Equity – 11/27/2023
A symbol for the PE market Download PitchBook’s Report here. Buyout multiples have barely budged in 2023 and remain above the 11x threshold, according to PitchBook’s latest Quantitative Perspectives report, The Waiting Game…. Subscribe to Read MoreAlready a member? Log in here...
Middle Market & Private Credit – 11/27/2023
Fitch’s Private Middle Market Portfolio, Rating Activity Upgrades/downgrades in Fitch’s PMM portfolio are generally skewed toward downgrades, as issuer ratings can be constrained on the upside based on limited scale…. Subscribe to Read MoreAlready a member? Log in here...
Middle Market Deal Terms at a Glance – November 2023
Source: SPP Capital Partners Contact: Stefan Shaffersshaffer@sppcapital.com
LevFin Insights: High-Yield Bond Statistics – 11/27/2023
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
Covenant Trends – 11/27/2023
Average EBITDA Adjustment Cap for Synergies & Cost Savings (Sponsored vs. Non-Sponsored) (Past performance is no guarantee of future results.) Contact: Steven Millersmiller@covenantreview.com
Private Debt Intelligence – 11/27/2023
North American PD deal value in energy and utilities sector highest in five years Private debt deal activity in North America decreased in 2023 as aggregate deal value fell to $42.3bn in 2023 year-to-date (YTD) from $172.5bn in 2022…. Subscribe to Read MoreAlready a member? Log in here...
DL Deals: News & Analysis – 11/27/2023
Year-to-Date Default Volume, Count Contact: Eric Rosenthaleric.rosenthal@kbra.com
Leveraged Loan Insight & Analysis – 11/27/2023
BDC credit quality continues to hold up BDC credit quality held up well across different metrics in the most recent quarter. The weighted average non-accrual rate for public and private BDCs combined slipped to… Subscribe to Read MoreAlready a member? Log in here...









