TheLeadLeft

Lead Left Interview - Fran Beyers

This week we chat with Fran Beyers, Senior Market Analyst at Thomson Reuters LPC. Thomson Reuters LPC has been a leading provider of loan market news, data and analysis for over 30 years.  Fran has been with LPC since 2009 providing analysis and market commentary on the middle market. The Lead Left: Fran, you’ve recently…

Chart of the Week: Higher Ground

Monthly loan activity related to middle market buyouts has risen above the five year average for the first time in a year. Source: Thomson Reuters LPC

Private Debt Intelligence - 9/26/2016

Average Private Debt Management Fees by Fund Type Negotiating appropriately structured fund terms and conditions has long been a key issue for investors across the alternative assets industry. While investors are generally happy with the performance of the private debt industry, in Preqin’s H2 2016 Investor Outlook just 60% of respondents stated that they felt…

Why Sponsors Matter (Third of a Series)

In our continuing special series on the value of private equity sponsors, we turn our attention to what motivates a family-run, privately-held, or even public company to sell to a private equity firm. On the face of it, it would seem challenging to convince businesses owned by families for decades to give up control to…

Markit Recap – 9/19/2016

Having the distinction of being the widest constituent in the Markit iTraxx Europe is clearly one that most companies would prefer not to have. Yet Glencore has held this dubious honour since the last index roll in March and beyond. It had a challenger in fellow miner Anglo American, but Anglo’s downgrade to junk and…

Leveraged Loan Insight & Analysis -9/19/2016

Lender Survey: Are you seeing cracks in your portfolio?  Yes, we are seeing signs of cracks in credit quality in our portfolios, said roughly  35% of the attendees gathered at the Marriott in Times Square for Thomson Reuters LPC’s 22nd Annual Loan & CLO Conference on Thursday.  While these respondents said some companies are falling…