TheLeadLeft

Covenants in the Coal Mine (First of Two Parts)

By the time you read this, the UK will be voting on its long-awaited referendum on whether or not to leave the EU. Polls show the contest too close to call. Whether “Remain” or “Leave” prevails, the Brexit outcome will undoubtedly impact international politics and the global economy for years to come. Despite turmoil in the…

The Pulse of Private Equity - 6/20/2016

Closing times indicate divergence in company quality In the first quarter of 2016, most private equity transactions still took between 10 and 14 weeks to close, accounting for 31% of deals completed during that timeframe. However, as illustrated above, the portion of deals that closed in 15 to 20 weeks shot up to near 25%…

Preqin Private Debt Intelligence - 6/20/2016

Private Debt Dry Powder: Regional Contrasts The amount of capital available to private debt fund managers varies hugely in different parts of the world. In H1 2016, managers focusing on North America and Asia have both seen dry powder reach record levels, while Europe-focused… Subscribe to Read MoreAlready a member? Log in here...

Markit Recap – 6/13/2016

Falling government bond yields across Europe have meant investors have been rewarded with impressive returns so far this year. One country however, continues to lag. Portugal has seen its credit risk hover at elevated levels and its government bonds have produced negative returns this year. Credit investors have been treating Portugal with increasing scepticism since…

Smooth Sailing

In what was described as a series of events in which “several things went wrong,” a 230-foot long replica of Noah’s Ark plowed into a Norwegian patrol boat last week. The collision cut a gaping hole in the side of the bible boat, leaving the owner distraught. “It’s an awful dream, to have an accident…