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Bones and Loans

The 21st century and our prehistoric past met near a parking lot at NASA’s Goddard Spaceflight Center. An amateur paleontologist spotted dinosaur tracks at the Greenbelt, MD facility, in an area slated for demolition to make room for an office building. Once unearthed, a 8.5 foot long sandstone slab revealed more than eighty prints of…

Debtwire Middle-Market – 2/5/2018

Source: Cliffwater Direct Lending Index and BofA Merrill Lynch US High Yield Effective Yield The red line in the chart is the *Cliffwater Direct Lending Index (CDLI) current yield, which is based on the investment income of the underlying assets held by public and private BDCs. BDCs invest in middle market companies, and the Index…

Private Debt Intelligence - 2/5/2018

Investment Consultant Outlook for 2018 There are currently 547 alternative investment consultants globally and of these, 41% provide private debt advisory services to their clients. In November 2017, Preqin conducted a survey of 36 consultants active in private debt to determine their sentiment with respect to the private debt industry…. Subscribe to Read MoreAlready a

Leveraged Loan Insight & Analysis - 1/29/2018

Thomson Reuters financial unit sale marks the largest LBO financing since 2013 Tuesday’s announcement that Blackstone is buying a 55% stake in Thomson Reuters Financial and Risk business in a deal that values the unit at US$20bn makes it the largest LBO deal since 2013. That year saw buyout deals of US$28bn for HJ Heinz…