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
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.
Private Capital in an Age of Scarcity
For over a decade, the tide of capital has flowed mostly in one direction: into markets. That’s because since the…
Unitranche minimum spread threshold shifts higher
While volatility led to a significant increase in pricing in the broadly syndicated institutional loan market early in the year,…
More add-ons in the MM
Download PitchBook’s Report here. The ratio of add-ons in the middle market is increasing, according to PitchBook’s Q2 2022 US PE…
Leveraged loan & high yield bond default rate creeps up from recent lows
Source: Fitch Ratings, Debtwire Par One area to watch as the Federal Reserve maneuvers a soft landing from inflation will…
Percentage of Loans with an MFN Sunset
(Past performance is no guarantee of future results.) Contact: Steven Miller
Private Debt Intelligence - 9/19/2022
APAC private debt fundraising steadies after record Q2 [wpdm_package id=’59994′] After a record 2019, when APAC’s private debt fundraising hit…
Powder Puffs
There’s an almost $400 billion gap between private equity and credit dry powder.
Why it’s time to revisit documentation
Lenders have had a tough time at the negotiating table in a borrower-friendly market, but things may be changing. With…
Loan Stats at a Glance - 9/19/2022
Contact: Marina Lukatskymarina.lukatsky@pitchbook.com
Dealmaking steady, fundraising slows
Download PitchBook’s Report here. PitchBook’s Q2 2022 US PE Middle Market Report is now available. All things considered, dealmaking was stout…
BDC share price-to-book value remains above recent lows
BDC share price-to-book values have bounced around recently, impacted by shifting investor sentiment. The average share price-to-book value is at…
Percentage of First-Lien Loans Clearing with Key Covenant Terms by Quarter
(Past performance is no guarantee of future results.) Contact: Steven Miller
Ups and downs in the US
Some of the key talking points from our recent roundtable Amid rising interest rates and an inflationary environment, US private…





Private Credit in an Age of Scarcity (Second of a Series)
Supply chain issues aren’t limited to bikes and baby formula. As the Fed withdraws liquidity from the banking system and…