Select Deals in the Market – 10/9/2017
☞ Click for a larger image.
☞ Click for a larger image.
The PE exit crunch Download Report Here Last week we highlighted the climb in equity contributions in recent years. Relative to debt contributions, equity now makes up 57% of EV year-to-date, a significant percentage that will likely water down future fund returns. A second trend bears mentioning as it relates to returns, highlighted in our upcoming…
News reached us last week that the great mathematician, Monty Hall, passed away at the age of 96. Better known as the host of the 1960’s TV hit, “Let’s Make a Deal,” Mr. Hall lent his name to game theory for the so-called 3-Door Monty Hall Problem. Behind three doors there’s a brand new car,…
This week we continue our conversation with Ilan Nissan. Mr. Nissan is a senior partner in Goodwin’s internationally recognized private equity and mergers and acquisitions business. His clients include global alternative asset managers including top tier private equity funds, venture funds, venture capital funds, bank holding companies, hedge funds and family offices. In addition to…
The percent of all leveraged loans that have only an incurrence test has grown to a record high of 73%.
Private Debt Fundraising in Q3 by Fund Type In Q3 2017, 25 private debt funds closed, securing an aggregate $20bn in capital. Of these, direct lending represented the largest proportion of private debt fundraising, with 10 direct lending funds securing an aggregate $6.7bn. This is a decrease from last quarter when 14 direct lending funds…
Contact: Timothy Stubbs timothy.stubbs@spglobal.com
1-3Q17 Leveraged loan volume sets new record at $994Bn Amid the traditional summer lull, US syndicated loan issuance slowed meaningfully in 3Q17 to push less than $475B through the market and boosting US totals to $1.75T for the first nine months of the year (and additional US$42B of clubbed loans have also been completed so…
This week we chat with Ilan Nissan. Mr. Nissan is a senior partner in Goodwin’s internationally recognized private equity and mergers and acquisitions business. His clients include global alternative asset managers including top tier private equity funds, venture funds, venture capital funds, bank holding companies, hedge funds and family offices. In addition to his work…