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.
Outlook For Unitranche Financing
“The unitranche was invented in response to broken capital markets, when banks were backing away. Today it’s thriving when markets…
Stat of the Week: US real imports of goods - Industrial supplies & materials (Index)
Emerging manager performance
Download PitchBook’s Report here. A new PitchBook analyst note, Beyond Fund I, dives into several emerging manager topics. A few surprises…
BDC asset valuations post gains in 2021
BDC’s have benefited from rising asset valuations in recent months, with both loan and equity holdings posting gains. During 2Q21…
Middle Market Deal Terms at a Glance - September 2021
Source: SPP Capital Partners Contact: Stefan Shaffer stefan@sppcapital.com
Higher, but Longer?
Growth in the US has slowed, while prices are on the upswing…but for how long?
What factor will most impact U.S. economic growth for the rest of the year?
Institutional loan pricing shifts wider in August
Source: Debtwire Par To begin the year, a surge of repricing and refinancing activity helped to push loan pricing to…
Average F&C Tranche / Pro Forma EBITDA, Based on Closing PF Leverage (L3M)
(Past performance is no guarantee of future results.) Contact: Steven Miller
Reorg Credit Intelligence - 9/6/2021
Payoff of Brinker International’s 2023 Unsecured Notes Will Trigger Springing Liens on Additional Collateral Under New Revolver, Create Additional Secured…
Private Debt Intelligence - 9/6/2021
Mega funds dominate private debt fundraising [wpdm_package id=’48178′] Despite a slight decrease in the number of funds closed, direct lending…
Loan Stats at a Glance - 9/6/2021
Contact: Marina Lukatskymarina.lukatsky@spglobal.com
Special Report: The State of Private Credit in Europe
Beginning in June 2021 The Lead Left published a series of articles on the state of private credit in Europe. This report consolidates those articles.
The US market is ‘white hot’
The world’s most mature private debt market is a hive of activity as it shakes off the effects of the…









Supply Chain Blues (First of a Series)
We’ve all been there. You try to re-order your favorite beverage, sneaker, exercise bike, or cleaning product, and it’s out…