This week Goldman Sachs announced the closure of its dedicated Bric (Brazil, Russia, China and India) fund after nearly ten years. The move signalled the end of the Bric era, as this year saw recessions plague Russia and Brazil while growth in China stalled. India, however, has remained a bright spot, and the… Subscribe to
Beginning in October 2015 The Lead Left published a series of articles on the unitranche – one of the most innovative, and increasingly popular, financing tools in the middle market. This report consolidates those articles: What is a Unitranche? Types of Unitranche Structures The Agreement Among Lenders (AAL) The Universe of Unitranche Players Key Unitranche […]
“Investors Turn Sour on Risky Deal Debt. So read a front page WSJ headline this past Monday. The thesis of the article was that slowing investor appetite was hurting “the corporate buyout boom.” Three transactions were cited as evidence of this trend – one in the pharmaceutical sector, a specialty chemicals company, and a barge…
After a strong September, new deal volume eased and demand jumped, creating better technicals in the broadly syndicated market. Source: S&P Capital IQ LCD
This week we continue our conversation with William P. Brady, a partner in the Corporate Department of Proskauer. He is also a member of the Finance Group as well as the Multi-Tranche Finance Group. Bill is a thought leader on unitranche financings and speaks at various junior capital, multi-tranche finance and related finance conferences and…
U.S. Private Equity’s Overhang Remains Significant At times nowadays, U.S. private equity firms look like they may well become victims of their own success. The top tier of investors has been able to outperform public markets to such an extent that they are still attracting plenty of capital commitments from numerous limited partners…. Subscribe to
For the first time since late 2011, the net percentage of domestic banks reporting tightening terms over the past three months turned positive. Specifically, 8.8% of domestic banks reported tightening credit standards for approving applications for C&I loans or credit lines other than those used to finance mergers… Subscribe to Read MoreAlready a member? Log
Contact: Daniel Mena daniel.mena@spcapitaliq.com