We wrap up our special series by examining how private credit integrates ESG into its various strategies. While credit managers are typically not involved in the direct management of businesses they finance, impact investing is an exception. According to a recent PDI article, private debt represents 34% of all impact investing AUM, with real assets […]
Average F&C Tranche / Pro Forma EBITDA, Based on Closing PF Leverage (L3M) (Past performance is no guarantee of future results.) Contact: Steven Miller
Source: LevFin Insights Source: LevFin Insights Source: Lipper (Past performance is no guarantee of future results.) Contact: Robert Polenberg robert.polenberg@levfininsights.com
Source: SPP Capital Partners Contact: Stefan Shaffer stefan@sppcapital.com
If it’s not one thing, it’s another. The FDA last month began a formal investigation into complaints that eating Lucky Charms was making people sick. On www.iwaspoisoned.com, a social media forum for food ingestion concerns, over 7000 reported serious stomach problems after eating the popular cereal. As responsible adults we had always assumed breakfast items…
Certain sectors are expected to fare better than others in a rising rate environment.
Source: Cliffwater Direct Lending Index and BofA Merrill Lynch US High Yield Effective Yield The red line in the chart is the *Cliffwater Direct Lending Index (CDLI) current yield, which is based on the investment income of the underlying assets held by public and private BDCs. BDCs invest in middle market companies, and the Index…
Private debt returns rebound in 2021 Despite consistent asset class growth, private debt returns were mostly on a downward path in the past 10 years. The three-year rolling IRR fell from 14.0% in December 2011 to just 5.0% in December 2020. However, performance improved last year, increasing to 7.1% as of September 2021… Subscribe to