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: Safety, Not Size
Even the best credit managers have loans that go bad. What separates them from everyone else is the history and experience they bring to working these problems out.
Total leverage on sponsored MM deals inched down in 4Q24, driven by lower junior leverage
Total leverage on sponsored middle market deals inched down to 4.70x on average in 4Q24, driven by lower junior leverage.…
Allocations on the up
As a relatively young asset class, private debt still has plenty of room for bigger LP commitments. Insurers are leading…
Privates First Class
Direct lending’s share of buyout financings now dwarfs that of the bank market. Source: LSEG LPC
Private Equity Now – Portfolio Positioning (LP Perspective)
In a world fraught with macroeconomic uncertainty, geopolitical turmoil, and evolving capital markets, LPs must take a consistent, balanced, and…
Twin peaks: loans and bonds hit new milestones in 2024
Loan issuance reached new heights in 2024. The Americas added USD 1.02trn in 4Q24 for a full-year total of USD 3.8trn, the…
Top Bookrunners Drive 2024 US Leveraged Loan Volume
Amid record issuance in the leveraged loan market in 2024, where institutional issuance exceeded $1.33t, Bank of America was the…
Private Debt Intelligence - 1/20/2025
Hurdle and carry rates climb for riskier private debt strategies Read more in ‘Preqin 2025 Global Report: Private Debt’ Incentive…
Percentage of Loans with MFN Carveouts
(Past performance is no guarantee of future results.)
Platform LBO and growth equity deals as a share of all US PE deals
Download PitchBook’s Report here. Growth equity continues to represent an outsized share of deals.
Leveraged Loan Survey Results: What do you expect for M&A/LBO deal flow in 2025
New year, new administration and improving US economic outlook have combined to bring a much needed boost to market psyche…
High Five – 2025 Outlook (Third of a Series)
We now turn to the first of our five themes for the year ahead: “Still higher for longer: What slower…
Reversal of Fortune
Three quarters of M&A activity in 2024 approached full-year volume for 2023. Source: PitchBook
LP caution, but secondaries is showing signs of life
Our latest investor survey shows LPs reluctant to engage with credit secondaries – despite increasing signs of maturity in the…
Private Equity Now – The GP/LP Relationship
It is a clear win-win. GPs can customize the deployment and portfolio construction of their funds — particularly crucial in…



High Five – 2025 Outlook (Fourth of a Series)
Next up is the second of our five themes for the year ahead: “A busier market: Providers of creative and flexible…