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.
Loan Stats at a Glance - 3/9/2020
Contact: Marina Lukatsky marina.lukatsky@spglobal.com
February new issues soften; March is a guessing game
February’s tally of direct lending loans softened to 57, from 73 in January, according to Direct Lending Deals. The decreased…
As deals get pulled from the market, US institutional loan pipeline sinks under US$14bn
Behind a weakening primary loan market impacted by fears of the spread of coronavirus, the US institutional loan pipeline sank…
Private Credit Myth #7: Recoveries will be worse than 2009
We turn to #PrivateCreditMyth #7: “Recoveries will be worse than 2009.” This idea comes from the prevalence of record high…
The ups and downs of secondaries
Download PitchBook’s Report here. Last week we highlighted our new analyst note on extended holding periods. Now available, the note dives…
Private Debt Intelligence - 3/2/2020
First-Time Private Debt Funds Struggle to Raise [wpdm_package id=’32733′] First-time fund managers have struggled to raise capital in what has…
All Relative
Senior direct loans in BDCs have maintained a steady 10% yield, better than high-yield bonds.
Are there tastier options than vanilla?
Senior debt is still fundamental to many investors’ private debt portfolios. But, as competition increases, LPs are increasingly hunting for…
Loan Stats at a Glance - 3/2/2020
Contact: Marina Lukatsky marina.lukatsky@spglobal.com
Oil and gas is the top defaulted sector in U.S. CLOs as of January
At the end of January 2020, oil & gas, aerospace and defense, and mining were the top defaulted sectors in…
Holding on to winners
Last month we wrote about the decline in PE holding times, with the median dropping below five years for the…







Top Ten Myths About Private Credit (Last of a Series)
Myth #9: “Without a public benchmark, private credit returns aren’t dependable” Private credit assets are illiquid, and don’t trade. That…