Covenant Trends – 4/18/2022
Percentage of Loans that Cleared with the Least Protective Documentation Scores (5/5+/4-) Monthly (Past performance is no guarantee of future results.) Contact: Steven Miller
Percentage of Loans that Cleared with the Least Protective Documentation Scores (5/5+/4-) Monthly (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
Amid slowdown in leveraged lending, buyouts prevail Source: Debtwire Par, Markit While issuance in the overall market has slowed amid record levels of inflation and elevated volatility stemming from the war in Ukraine, leveraged loan and high yield bond issuance backing buyouts continued along at a steady pace. Leveraged loan volume increased 2% from the…
Source: SPP Capital Partners Contact: Stefan Shaffer stefan@sppcapital.com
Despite the politics of climate change, the burden of scientific evidence and rise in extreme weather events has compelled global policy makers to largely unite their efforts towards decarbonization. One of the most significant is the Net Zero Asset Managers initiative… ▶︎ Read Apr 11 2022 newsletter: here ▶︎ Chart of the Week: here (by […]
As with climate change, diversity, equity and inclusion (DEI), with its goals of broad representation, fair pay and equal opportunity have become the lens through which investors are judging both managers’ investment selections and their internal DEI efforts. And as with environmental sustainability, more DEI attention has driven global policy making and regulation towards disrupting…
Companies whose executives are more than 25% women show better ROEs than the rest of the S&P 500.
Secondaries take off in wake of covid crisis Credit secondaries are a small but rapidly growing part of the asset class and recent events bode well for this niche market. In private markets, the development of healthy secondary transactions is perhaps one of the clearest indicators that an asset class has truly matured and become…
Private debt displays strong performance over different time periods Private debt funds have performed well over the past year, boosted by rising yields across fixed income assets, as evidenced by one-year horizon IRRs for the period ending September 2021. Private debt funds across all strategies returned 18.7%…. Subscribe to Read MoreAlready a member? Log in