Select Deals in the Market – 2/12/2018
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TheLeadLeft
You Can Fight City Hall
It seemed like a one-in-a-million shot at the time. In October 2014, the LSTA filed a lawsuit against the SEC and the Federal Reserve Board, claiming that CLOs should not be covered under Dodd-Frank’s risk retention rules. These rules, arising from the credit crisis, required parties that securitized assets to retain at least 5% equity…
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Lead Left Interview – Phil Seefried (Part 2)
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…
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Chart of the Week: New Vehicles on Board
New CLO formation for the coming year is projected by market participants to approach 2017 levels.
Covenant Trends – 2/12/2018
Percentage of Loans with an MFN Sunset Contact: Steven Miller
Private Debt Intelligence – 2/12/2018
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…
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Loan Stats at a Glance – 2/12/2018
Contact: Blake Udland Blake.Udland@spglobal.com
Lead Left Interview – Phil Seefried
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…
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Leveraged Loan Insight & Analysis – 2/5/2018
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…
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