Last week we began to respond to the WSJ op-ed by Andy Kessler in which he stated the glory days of private equity are over. We first reviewed how many ups and downs the industry has had over the past thirty or so years; at least seven stages, at the end of each of which…
Private equity deal closings are at their lowest level in almost four years, as buyers turn cautious on purchase price multiples.Source: PitchBook
This week we speak with the Hon. David M. Walker, Senior Strategic Advisor, PwC, Founder, Comeback America Initiative, and former Comptroller General of the United States. Dave Walker is the author of Comeback America: Turning the Country Around and Restoring Fiscal Responsibility (2010), and will be a keynote speaker at the 22nd annual Atlantic Conferences…
European corporate credit risk shrinking ITRAXX-Europe 5-yr spread lowest since December 2007 Volatility in Europe’s credit markets has dropped since QE announcement European markets unfazed by neighbouring Greek and Ukraine problems…. Subscribe to Read MoreAlready a member? Log in here...
Data drives the finance industry. Private equity is no exception – once the calendar flips to January 1, we tally the industry’s annual total and compare it to… Subscribe to Read MoreAlready a member? Log in here...
It was not an auspicious start to the year for ABL lenders. At under$20 billion 1Q15 asset based loan volume was down 13 percent year over year. On a deal count basis, the news was oddly mixed – with 51 credits… Subscribe to Read MoreAlready a member? Log in here...
Contact: Cuong Huynh cuong.huynh@spcapitaliq.com
The macro picture has dominated the credit markets in recent months, but the low interest rate environment is creating conditions ripe for M&A activity and single name stories. This week saw FedEx buy Dutch rival logistics firm TNT Express for an agreed… Subscribe to Read MoreAlready a member? Log in here...