LevFin Insights: High-Yield Bond Statistics – 4/22/2019
Source: LevFin Insights Source: LevFin Insights Source: Lipper Contact: Robert Polenberg robert.polenberg@levfininsights.com
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The Pulse of Private Equity – 4/22/2019
Core MM had a big 2018 Download PitchBook’s Report here. The US middle market went gangbusters last year, setting records in both volume and dollars. Two of the three segments of the middle market, however, inched down YoY…. Subscribe to Read MoreAlready a member? Log in here...
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Debtwire Middle-Market – 4/22/2019
Covenant scores on large sponsored deals show relative improvement YTD Source: Xtract Research While loan covenant protections remain extremely weak by historical standards, some comfort for lenders is that they have shown relative improvement so far in 2019…. Subscribe to Read MoreAlready a member? Log in here...
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Loan Stats at a Glance – 4/22/2019
Contact: Marina Lukatsky marina.lukatsky@spglobal.com
Private Debt Intelligence – 4/22/2019
Private Debt Investors Remain Cautious During Q1 2019, private debt investors issued 249 fund searches and mandates for investments they are targeting in the coming 12 months. Perhaps due to their concern about the prospect of an equity market downturn, it seems that institutions are taking a generally cautious attitude to the asset class…. Subscribe
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Why Valuations Matter (Fourth of a Series)
“Doubt is not a pleasant condition, but certainty is absurd.” –Voltaire The story of value is the story of private equity. How these firms have grown businesses and sold them for superior shareholder returns is about value creation. The paths to creating value and achieving these returns differ for each sponsor. As we discussed last…
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Chart of the Week: Buy-and-Building
Since the credit crisis private equity sponsors have quickened the pace and number of add-on acquisitions.
Select Deals in the Market – 4/15/2019
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