This week we continue our conversation with Phil Seefried, founder and CEO of Headwaters MB, which recently announced a strategic transaction with Capstone Partners in which Capstone was the acquirer. The new firm is called Capstone Headwaters. Both Headwaters and Capstone were founded in 2002. Capstone Headwaters provides investment banking services to entrepreneurs, owner/operators and…
New CLO formation for the coming year is projected by market participants to approach 2017 levels.
Percentage of Loans with an MFN Sunset Contact: Steven Miller
Private Debt Fundraising Momentum Private debt funds achieved final closures in 2017 faster than in any year since 2008, taking an average of 14 months to reach a final close. This is a sharp drop from 2016, when funds took an average of 19 months to reach a final close – the highest average of…
Contact: Blake Udland Blake.Udland@spglobal.com
This week we chat with Phil Seefried, founder and CEO of Headwaters MB, which recently announced a strategic transaction with Capstone Partners in which Capstone was the acquirer. The new firm is called Capstone Headwaters. Both Headwaters and Capstone were founded in 2002. Capstone Headwaters provides investment banking services to entrepreneurs, owner/operators and business-owning families…
BDC share prices were engulfed by market wrath earlier this week Register now for LPC’s 6th Annual Middle Market Loans Conference – April 25, 2018 at the NY Marriott Marquis! For those investors that are bullish on BDCs, this week was a prime buying opportunity as the middle market debt managers were engulfed in equity…
Add-ons vary by market Download PitchBook’s 2017 Annual US PE Middle Market Report click here. The buy-and-build model is popular in the PE industry. Investors’ appetite for add-ons stretches back about a decade, but most of the increase has taken place in the middle market, specifically at the lower end. Following the financial crisis, lower-…
Beginning in October 2017 The Lead Left published a series of articles on covenant-lite. This report consolidates those articles.
