Content hub

Explore private capital market trends, in-depth research from leading industry partners, expert interviews, live webinars, and educational videos — all in one place.

Featured Article

Business of Private Credit: Coming Home

Much attention has been paid to the suitability of Matt Damon in the lead role as the wily Odysseus in this summer’s Christopher Nolan blockbuster.

Read article

    Covenant Trends - 9/18/2017

    Average Adjustments for EBITDA Reconciliation (M&A-Related Loans) Contact: Steven Miller smiller@covenantreview

    Read More

    Flex Signs

    Pricing on almost 100% of US leveraged loans was flexed in favor of the issuer during July and August.

    Read More

    Private Debt Intelligence - 9/18/2017

    Investors Satisfied with Private Debt Performance [wpdm_package id=’14244′] Investors’ positive perception of the private debt industry remains strong moving into…

    Read More

    Loan Stats at a Glance - 9/18/2017

    Contact: Timothy Stubbs timothy.stubbs@spglobal.com

    Read More

    Markit Recap – 9/11/2017

    CDS orphaning risk Wind Acquisition Finance and Energias de Portugal (EDP) are two credits that appear to have little in…

    Read More

    Stat of the Week: Cotton Price

    Read More

    Select Deals in the Market - 9/11/2017

    ☞ Click for a larger image.

    Read More

    Flavor of the Month

    Turns out there’s nothing plain about vanilla. Back in March a huge storm – cyclone Enawo – struck Madagascar, a…

    Read More

    Lead Left Interview - Jason Block & Fred Buffone (Part 2)

    This week we continue our conversation with Jason Block, partner and chief investment officer and Fred Buffone, principal, of Freedom…

    Read More

    Middle market covenant lite deals exhibit higher leverage than covenanted deals

    Private equity shops who are purchasing large middle market credits with EBITDA $40M and above have many choices on how…

    Read More

    Are PE multiples reasonable? Investors think so

    View PitchBook’s Global PE Deal Multiples Report Here There’s an old joke in political science circles that applies, in a way,…

    Read More

    Covenant Trends - 9/11/2017

    Frequency of Loans with Market Capitalization Carveout Based on RP Capacity Contact: Steven Miller smiller@covenantreview

    Read More

    Spread Slide

    Since the correction of August 2015, all-in institutional spreads for single-B loans have contracted 200 bps.

    Read More

    Private Debt Intelligence - 9/11/2017

    Private Debt Fund Managers Gauge Investor Appetite [wpdm_package id=’14135′] Preqin’s mid-year survey of private debt fund managers found that the…

    Read More

    Loan Stats at a Glance - 9/11/2017

    Contact: Timothy Stubbs timothy.stubbs@spglobal.com

    Read More

    Markit Recap – 9/4/2017

    Hurricanes impact reinsurers Hurricane Harvey wreaked devastation across central America and the United States (particularly Texas and Louisiana), leaving an…

    Read More