Loan Stats at a Glance – 9/18/2023
Contact: Marina Lukatskymarina.lukatsky@pitchbook.com
Contact: Marina Lukatskymarina.lukatsky@pitchbook.com
Our head of secondaries, Nick Lawler, relates the following story: “In April 2019, I was in the middle of a road-trip from Chicago to Louisville, when I got a call from one of our relationships at a major investment bank to discuss a new deal. The sponsor, one of the nation’s largest and most respected, was…
Besides the above survey, an article last month in Secondaries Investor cited Jefferies data showing 80% of LPs sought liquidity by selling into continuation vehicles. This is an extraordinary shift from investors getting realizations the old-fashioned way, i.e. private equity owners selling businesses to new strategic or sponsor buyers. Of course, current market conditions are […]
GP deal activity picking up Download PitchBook’s Report here. GP stakes and alternative asset M&A is picking up and features another slate of interesting deals. PitchBook’s latest US Public PE and GP Deal Roundup shows another healthy year for move-making among alternative asset managers. Control transactions are making up almost half of all transactions this year….
GP-led secondary equity transactions peaked in 2019 but still healthy share. Source: Evercore(Past performance is no guarantee of future results.)
Source: LevFin Insights Source: LevFin Insights Source: Lipper (Past performance is no guarantee of future results.) Contact: Robert Polenberg robert.polenberg@levfininsights.com
Accordion Inside Maturity (Past performance is no guarantee of future results.) Contact: Steven Miller
LBO volume to get needed boost from Worldpay & Syneos loans Syndicated LBO activity has been extremely hampered so far this year. Completed US syndicated LBO loan volume totals just US$16.1bn… Subscribe to Read MoreAlready a member? Log in here...
Year-to-Date Default Volume, Count Contact: Eric Rosenthaleric.rosenthal@kbra.com
Contact: Marina Lukatskymarina.lukatsky@pitchbook.com