TheLeadLeft

The Pulse of Private Equity – 9/2/2019

Drawdowns are slower than they used to be Download PitchBook’s Report here. Record years for PE activity are often viewed as fast-moving frenzies, but capital call statistics show the industry is investing much more slowly than it has in the past. Drawdown rates have been relatively slow since 2012, even though 2014, 2015, 2016, 2017 and…

Debtwire Middle-Market – 9/2/2019

HY bond issuance slows sharply in August, flows turn negative Source: Debtwire Par, Lipper High yield bond issuance slowed sharply in August, totaling just USD 9.5bn, the lowest monthly figure this year, with one deal (Tenet Healthcare’s USD 4.2bn refinancing) accounting for a large chunk of activity. The second half of the month saw just…