By 2002 the share of US leveraged loans by institutional investors had surpassed 60%; it took Europe twelve more years to reach the same point.
Institutional Investors’ Share of the Primary Market
Source: S&P Capital IQ; 2009 date not meaningful
By 2002 the share of US leveraged loans by institutional investors had surpassed 60%; it took Europe twelve more years to reach the same point.
Institutional Investors’ Share of the Primary Market
Source: S&P Capital IQ; 2009 date not meaningful
Private Credit Defaults 101: Back to School
As Labor Day approaches, the unofficial end of summer is upon us. But, before we get too sad, there is also the familiar back-to-school energy.