A subdued start to the year for capital raising The boom in senior debt fundraising subsided somewhat in the first quarter of the year, while North America remained the dominant region. Fundraising in Q1 2022 continued the very gradual downward trend of the past six years, according to Private Debt Investor data. However, given that…
Contact: Marina Lukatskymarina.lukatsky@spglobal.com
More than 25% of loans have no penalties and only a one basis point incentive if ESG targets are met.
Traditionally ESG resided in public equities given shareholder’s ability to change corporate behavior. But more sophisticated tools would be needed to track ESG compliance and opportunities. ESG integration describes how investors incorporate all aspects of environmental, social and governance in their risk analysis of a business or manager… ▶︎ Read May 9 2022 newsletter: here […]
US LBO activity remains healthy, with volume totaling US$19.5bn so far this quarter LBO activity has remained steady despite persistent headwinds in the financial markets this year. Refinitiv LPC has tracked roughly US$19.5bn in completed syndicated and clubbed US LBO volume so far this quarter, after 1Q22 saw US$52.8bn in volume. 1Q22’s level made it the…
Choppy fundraising ahead? Download PitchBook’s Report here. Market turmoil continues. The ripple effects will impact private equity deal flow and exits, and it will certainly impact fundraising. Our latest analyst note sees fundraising “tapering as demand outstrips supply.” PEGs have been returning and re-returning to the fundraising trail over the past few years, inundating LPs with…
Institutional loan issuance shrinks as issuers ride out higher pricing environment Source: BofA US HY Index, Debtwire Par In the face of a host of macroeconomic headwinds, not limited to persistently high levels of inflation, rising interest rates, an ongoing war in Ukraine and supply-chain issues, and notwithstanding the emergence of the world economy from…
Percentage of First Lien Loans with Affected Lender Voting Protection (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