Leverage multiples on LBO deals rebounds in 4Q20 Source: Debtwire Par Leveraged loan activity backing LBOs has picked up this quarter, following subdued deal flow in 2Q20 and 3Q20 due to the COVID-19 pandemic. Fourth quarter syndicated leveraged loan issuance backing buyouts is currently at USD 17bn, already topping volumes in the prior two quarters….
Percentage of Loans with Uncapped Synergies & Cost Savings EBITDA Addbacks Contact: Steven Miller
Source: LevFin Insights Source: LevFin Insights Source: Lipper Contact: Robert Polenberg robert.polenberg@levfininsights.com
The Future of Private Debt Private debt will continue the expansion of the past decade over the next five years. The asset class is expected to be the second fastest-growing asset classes, with AUM increasing at a CRGS of 11.4% over the next five years…. Subscribe to Read MoreAlready a member? Log in here...
Are the clouds beginning to lift? The deal market is showing signs of picking up, as positive news on a covid-19 vaccine brings hope even to the worst-hit sectors. Speaking to sources in the private debt market has been a surprisingly uplifting experience recently. Following many predictions of doom and gloom in the spring of…
Contact: Marina Lukatskymarina.lukatsky@spglobal.com
150 million US adults will “participate in Halloween-related activities,” according to a survey. 53% will decorate their homes and 18% will “dress up their pet.” We tried to imagine getting our cat Serena into a pumpkin costume. Not happening. But we are encouraged Americans are spending for the second-costliest holiday of the year. Putting cash […]
Public PE is recovering Download PitchBook’s Report here. PitchBook’s latest analyst note brings some good omens for the PE industry. The five biggest publicly traded PE firms—Blackstone, KKR, Apollo, The Carlyle Group and Ares—posted healthy performance metrics last quarter, including double digit gains for Blackstone and KKR. Beyond the top five, most publicly traded PE firms…
Initial ECF Sweep Distribution Contact: Steven Miller
Source: LevFin Insights Source: LevFin Insights Source: Lipper Contact: Robert Polenberg robert.polenberg@levfininsights.com