TheLeadLeft

Private Debt Intelligence - 6/20/2022

Venture debt funds ready to step in Venture debt is a niche product that could serves as an alternative fundraising option for high growth companies, particularly in the technology sector, that may be struggle over the next few years given the correction underway in technology stocks and venture capital. A total of $15bn has been…

PDI Picks – 6/20/2022

Tough talk on DE&I LPs are now asking questions of their managers, who, in turn, are waking up to the impact of diversity on performance. Private debt is still at the beginning of its DE&I journey. According to Diversity Review in Corporate Credit, a 2020 paper by specialist credit recruitment company Waterman Stern, just 14…

Leveraged Loan Insight & Analysis - 6/13/2022

Lower rated credits post largest declines in secondary market Risk assets have come under renewed pressure in recent days as rising inflation has prompted expectations of a more aggressive monetary tightening by the Federal Reserve.  Though equities and high yield bonds have been hit more severely, leveraged loans have not escaped market pressure with the…

The Pulse of Private Equity – 6/13/2022

MM fundraising: “Challenging but not impossible” Download PitchBook’s Report here. PitchBook’s latest US PE Middle Market Report is now out. Many of the overall deal trends mirror those of the broader PE market. One standout figure was early 2022 fundraising, which is off to a slow start. Only 33 middle-market funds closed in Q1, a visibly…

Debtwire Middle-Market – 6/13/2022

High-yield bond primary issuance returns in June after vanishing in May Source: Markit, BofA US HY Index As equity markets plunged into free-fall at the start of May, high-yield (HY) bond issuance came to a shuddering halt. The whirlwind of macroeconomic headwinds buffeting financial markets appeared set to remain, causing panic among investors. With inflation…

Fed Up, Slow Down

As the oldest living person on Earth until her passing last month, #KaneTanaka was born a year before the Wright Brothers’ historic first flight at Kitty Hawk. Her secret to a long life? “Being myself.”… ▶︎ Read JUNE 6 2022 newsletter: here ▶︎ Chart of the Week: here (by Bloomberg, UBS (courtesy The Daily Shot)) […]