TheLeadLeft

The Pulse of Private Equity - 11/16/2015

U.S. Interest in Canada Remains Strong For the fifth straight year in a row, the number of unique U.S. private equity firms active in Canada has exceeded domestic firms by a considerable margin, with a disparity of 33 through the end of September 2015. Although unlikely to surpass the height of 2013, the number of…

Lead Left Interview  - Mickey D. Levy

This week we chat with Mickey D. Levy, chief economist of the Americas and Asia, Berenberg Capital Markets. Mickey is a long-standing member of the Shadow Open Market Committee and conducts research on a wide range of global economic, financial and policy issues.    The Lead Left: Mickey, we seem to be at an inflection point…

Markit Recap – 11/9/2015

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

Special Report: The Unitranche – What it is, and Why it Matters

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 […]

The State of the Broadly Syndicated Loan Market

“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…

Lead Left Interview  - William Brady (Part 2)

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…