Institutional share of leveraged loan issuance falls to new low in 3Q22 Source: Debtwire Par Institutional loan issuance has plummeted to a third of the levels seen last year. During the first nine months of 2022, institutional volume was USD 233.2bn, down 68% from USD 726.9bn in 9M21, and 39% below the USD 384bn seen…
Source: LevFin Insights Source: LevFin Insights Source: Lipper (Past performance is no guarantee of future results.) Contact: Robert Polenberg robert.polenberg@levfininsights.com
Private debt funds continue to grow Private debt is increasingly attractive to LPs amid global inflation and rising interest rates. Year to date, the average size of private debt funds closed has increased to a record $1.3bn, almost double that of 2020’s $704mn. Aggregate capital raised by private debt funds experienced a 14% dip this…
We conclude our unpacking of the rich content delivered by our three top economists in last month’s exclusive webinar [link] by looking at global policies. The Fed is way ahead of the other central banks in its quantitative tightening and rate hike program. The ECB is “dithering” and the BOE not well organized. Japan continues…
Fundraising weathers the storm – for now Our latest data shows capital raised by private debt fund managers continues at a consistent level, despite multiple headwinds. It’s now an uncertain time for private debt fundraising as investors confront the volatility of the economic and geopolitical climate as well as, in many cases, overallocations to private…
Attendees of our economics October 19 webinar are widely spread in their rate expectations.
Synergies & Cost Savings EBITDA Addbacks (Past performance is no guarantee of future results.) Contact: Steven Miller
Contact: Marina Lukatskymarina.lukatsky@pitchbook.com
This week we continue unpacking the rich content our three top economists provided at last week’s exclusive webinar. Here are some key takeaways. Nominal GDP remains relatively high in the US, with greater growth reflected in higher corporate revenues and earnings… ▶︎ Read Oct 17 2022 newsletter: here ▶︎ Chart of the Week: here (by […]
