TheLeadLeft

The Pulse of Private Equity - 4/27/2015

The Decline of Platform Buyouts We’ve talked previous about the decline of platform buyouts, as add-ons rise and competition from strategic acquirers makes platform targets more expensive from a valuation perspective. While that’s still undoubtedly true,… Login to Read More...

Leveraged Loan Insight & Analysis - 4/27/2015

In 1Q15, higher yields in the leveraged loan market were apparent in both the large corporate and institutional middle market. However, data submitted to LPC from middle market lenders for smaller club sponsored deals indicated that pricing continued to… Login to Read More...

Markit Recap – 4/20/2015

Earnings season has started strongly with most firms beating expectations, but Greece’s uncertain status within the eurozone continues to dampen positive momentum. The latter part of the last sentence is all too familiar to market participants,… Login to Read More...

Private Equity is Done…Well, Not Quite (Last of a Series)

This week we wrap up our three-part response to the contention, as argued in an articulate WSJ op-ed by Andy Kessler that the glory days of private equity are over. One interesting contention made by Mr. Kessler is that PE is “holding back the economy.” He uses examples of buying drugstores and car-rental companies, leveraging…

Lead Left Interview - David M. Walker (Part 2)

This week we continue our conversation with the Hon. David M. Walker, Senior Strategic Advisor, PwC, Founder, Comeback America Initiative, and former Comptroller General of the United States. Dave Walker is the author of Comeback America: Turning the Country Around and Restoring Fiscal Responsibility (2010), and will be a keynote speaker at  the 22nd annual Atlantic…

The Pulse of Private Equity - 4/20/2015

U.S. Middle Market Shows No Signs of Slowing PE picked up where it left off in the middle market, notching 418 deals in the first quarter for a combined $69 billion. Both totals are in line with typical quarter numbers in 2014, which turned out to be a record year…. Login to Read More...