TheLeadLeft

The Pulse of Private Equity - 9/1/2014

PE Firms Pumping out the Cash U.S. PE firms distributed about $98 billion more back to investors than they called down in 2013. Total distributions amounted to $232.5 billion last year, a ten-year high and 3% increase over total distributions in 2012. While distributions increased in 2013,… Subscribe to Read MoreAlready a member? Log in

Leveraged Loan Insight & Analysis - 9/1/2014

On the back of increasingly unsettling global headlines, the capital markets took a beating earlier this month. As the equity markets tumbled, the US high yield bond market likewise saw skittishness culminating in an outflow of over $7 billion during the week of August 6 alone,… Subscribe to Read MoreAlready a member? Log in here...

Lead Left Interview - Stephen Lewis

This week we speak with Stephen Lewis, founder, Cross Border Strategies LLC. His firm provides advice to global middle market companies as they structure transactions internationally and assists those companies in sourcing the necessary financing. The Lead Left: Steve, it’s been a while since we’ve spoken. Remind our readers what your firm focuses on. Stephen Lewis: We…

Markit Recap - 8/18/2014

The micro issues of Argentina and Banco Espirito Santo have garnered most of the attention in the CDS market of late, but as the summer draws to a close the discourse is shifting back to the macro picture. On the face of it, the change in focus could be a negative development. The eurozone economy…

Lead Left Interview - Randy Schwimmer

For those readers who missed it, this week we reprint in part an interview with Buyouts’ editor, David Toll that appeared in PE HUB on May 6th. You can read the complete conversation by clicking on the link at the bottom of this section. After a two-year hiatus, Randy Schwimmer is back with his weekly e-newsletter covering…

Leveraged Loan Insight & Analysis - 8/18/2014

Global volatility has spread down to the leveraged loan market and investors are pushing back. Twenty one first-lien institutional term loans have flexed up in the first half of August, just one shy of the total for the months of April and May. On the flipside, only four first-lien term loans have flexed down, dramatically lower than…