TheLeadLeft

Private Debt Intelligence - 4/30/2018

Direct Lending Drives Dry Powder Growth The private debt industry has seen relatively small increases in dry powder (capital waiting to be deployed) in recent years. After spiking by 23% across 2015, annual rises in 2016 and 2017 were just 3% and 7% respectively, with a further 3% rise to the end of April 2018….

Lead Left Interview –  Andrew Welch

This week we chat with Andrew Welch, managing director, Revelstoke Capital Partners. Revelstoke is a middle market private equity firm headquartered in Denver that focuses on building industry-leading companies in the healthcare and related business services sectors. The firm has about $1.0 billion of assets under management and, since the firm’s inception in mid-2013, has…

The Pulse of Private Equity - 4/23/2018

Construction Delays Download PitchBook’s report click here. Last week we highlighted our recent buy-and-build research, which found, among other things, that PE hold periods are significantly impacted by add-on deals. On average, platforms with add-on acquisitions take about one year longer to exit versus bare-bones platforms. That, in turn, has helped pushed out PE holding…

Spotlight on Healthcare – A Special Industry Report (Sixth of a Series)

So far in our healthcare series, we’ve shown a sampling of private equity and advisory perspectives. This week we get views from lenders in the sector. One specialist was instructive. “Healthcare remains local,” she told us. “Florida, for example, is a very different market than the rest of the country. This makes it tough for…