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Leveraged Loan Insight & Analysis - 10/13/2014

At $976 billion year to date, leveraged loan and high yield bond issuance is down 13 percent from the same period last year. However, 2013 was a record year driven by refinancing activity and this year’s figure is already ahead of any other full year on record with… Login to Read More...

It’s the Economy, Stupid – But Which One?

October has a spooky reputation in the market. Like the Halloween decorations we’re seeing in neighbors’ yards, scary things always keep popping up. This month is fitting the pattern. From Beijing to Brazil, animal spirits are roiling world markets. With that in mind, we visited last week with two plugged-in observers to get their take…

Lead Left Interview - Ian MacTaggart and Joan McCabe (Part 2)

This week we continue our conversation with Ian MacTaggart, President & COO, and Joan McCabe, Managing Director, Brynwood Partners. Founded in 1984, Brynwood Partners is a controlled oriented, operationally-focused lower middle market private equity firm that is consumer sector focused and has established a strong niche in the corporate carve out sector. Brynwood is currently…

Markit Recap - 10/6/2014

We remarked last week that volatility had returned to the credit markets, and the spread oscillations this week suggests the trend is set to continue. However, this was no typical period for CDS.The vast majority of indices rolled on October 6th, later than the scheduled date of September 22nd, due to delays in adherence on…

The Pulse of Private Equity - 10/6/2014

Deal Flow Continued to Decline in 3Q PE deal flow in the U.S. continued to subside through 3Q. 588 deals were completed last quarter totaling $110.1 billion in capital invested. Deal flow is down 27% from the first quarter and capital invested declined 23% in the same period.One of the major culprits for both decreases…