This week we continue our conversation with M. Grier Eliasek, President and Chief Operating Officer of Prospect Capital Management. Prospect is a $7+ billion AUM leading provider of flexible private debt and equity capital to sponsor and non-sponsor owned middle market companies. Second of two parts – View part one The Lead Left: How much do CLOs…
Volatility was the name of the game earlier in the first-quarter as credit was swept up in the maelstrom affecting other asset classes, particularly US Treasuries and equities. The main credit indices spiked upwards and the Markit VolX Europe, which tracks realised volatility in… Login to Read More...
The trend toward higher leverage seen in the U.S. has been mirrored across the pond as private equity firms increasing their reliance on the debt markets to finance buyouts and dividend recaps. Average debt-to-EBITDA… Login to Read More...
Contact: Robert Polenberg robert.polenberg@spcapitaliq.com
With no compelling reason to close deals by year-end, new loan volume has declined every month since June…. Login to Read More...
The big story in the global economy as 2015 comes to an end is undoubtedly the sharp fall in the oil price. Brent crude is hovering around $70 a barrel, the lowest for about five years…. Login to Read More...
The Desktop 2015 CLO Market Outlook presented by David Preston, CFA and Jason McNeilis, CFA at Wells Fargo Securities Current Market Environment Spread Outlook CLO Primary Outlook Euro CLO Outlook Regulatory Outlook Loan Market Overview Risk Assessment
Following a spike in volatility in October, investors remained cautious in November. Stronger credits caught investors’ attention and issuers were able to lower costs during syndication, but… Login to Read More...