Chart of the Week
Bigger Brothers
Since 2020 the share of GPs raising larger funds has been growing. Source: PitchBook(Past performance is no guarantee of future…
Read MoreNo Money-Back Guarantee
The absence of realizations has hampered distributions to LPs. Source: Burgiss/MSCI(Past performance is no guarantee of future results.)
Read MoreSecondaries on the March
The growth of equity secondaries is fueled by both LP and GP liquidity needs. Source: Jefferies(Past performance is no guarantee…
Read MoreOn Holds
In the absence of M&A activity, PE portfolio companies are held for extended periods. Source: PitchBook(Past performance is no guarantee…
Read MoreWho’s The Driest?
Despite claims of a “too crowded” private debt market, PE dry powder is four times greater. Source: Preqin(Past performance is…
Read MoreA World Away
Fund managers are looking increasingly to global issues for biggest risks. Source: The Daily Shot, BofA Global Research(Past performance is…
Read MoreAll of the Above
Investors expect modestly lower credit spreads, no change, and some widening. Source: The Daily Shot, PitchBook/LCD(Past performance is no guarantee…
Read MoreOn A Roll
September’s surprisingly strong jobs report further signals a soft landing. Source: The Daily Shot(Past performance is no guarantee of future…
Read MoreO Canada
Canadian GDP forecasts have been increasingly bullish since January. Source: The Daily Shot, Bloomberg(Past performance is no guarantee of future…
Read MoreAhead of the Curve
The size of the Fed’s first rate cut in over four years – 50 bps – surprised analysts. Source: The…
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