TheLeadLeft

PDI Picks – 3/23/2020

Why it’s now even harder for first timers The lack of in-person meetings as a result of covid-19 is an added hurdle for debut funds, but a deal-by-deal approach could still win support. First-time funds have not had an easy time amid a competitive fundraising environment and the rapid spread of covid-19 will only make…

COVID-19 and the leveraged loan market

This week we’ve been doing bedchecks on our friends in the #CreditMarkets. We caught up with one long-time practitioner, hanging out in the home office with family in “bathrobes and bunny slippers.” “The capital markets went from price perfection to price combustion,” he told us. “There’s a lot going on behind the scenes, nothing in […]

Leveraged Loan Insight & Analysis - 3/16/2020

CRC and Chesapeake TLs lead largest losers in falling oil and gas loan prices As oil and gas companies try to weather these tumultuous times, some investors are worried that reduced revenue may push some oil and gas issuers to default on their corporate debt. This concern has been pushing oil and gas loan prices…

The Great Stay-In (Second of a Series)

This week we’ve been doing bedchecks on our lender friends in the credit markets. We caught up with one long-time practitioner, hanging out in the home office with family (as he put it) in “bathrobes and bunny slippers.” But clearly plugged in. “The capital markets went from price perfection to price combustion,” he told us….

The Pulse of Private Equity – 3/16/2020

The private markets aren’t immune Download PitchBook’s Report here. Much was made of the “buoyant” nature of the SuperReturn conference earlier this month. The gathering took place just as stocks began stuttering and the opportunity for turnaround artists looked vibrant. Three weeks later, that consensus appears to be shifting as the underlying economy itself shifts…. Subscribe