Institutional loan refinancings jump in January to $39bn Refinancing deals dominated the institutional loan market in January, with US$39bn in volume for a 71% share of overall institutional loan activity, up from US$11.6bn in December and the highest monthly volume since pre-Covid February 2020…. Subscribe to Read MoreAlready a member? Log in here...
A good year for the Big Five Download PitchBook’s Report here. The Big Five public PE firms—Blackstone, KKR, Apollo, Ares and Carlyle—had a good 2020 across several metrics, according to PitchBook’s latest analyst note. All five firms posted YoY fee-related earnings (FRE) growth, with Blackstone notching the highest gain. In terms of annual financials, four of…
It was just another painful ramification of the pandemic. We’re referring, of course, to the nationwide absence of Grape-Nuts on supermarket shelves. Graver consequences of COVID-19 abound, but the whole point of comfort food is to be there in times of duress. First produced in 1897 by Mr. C.W. Post, Grape-Nuts contains neither grapes nor…
Source: LevFin Insights Source: LevFin Insights Source: Lipper Contact: Robert Polenberg robert.polenberg@levfininsights.com
Source: SPP Capital Partners Contact: Stefan Shaffer stefan@sppcapital.com
First-lien middle market direct lending deals proved the best value vs. large cap and unitranches.
Investors are Satisfied with Private Debt Despite a hard 2020, investors were largely satisfied with the performance of their private debt portfolios over the past 12 months. Of investors surveyed by Preqin, 83% said their private debt portfolio’s performance had exceeded or met their expectations…. Subscribe to Read MoreAlready a member? Log in here...