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: Beyond the Noise
Like any good school year, this series went by fast. But as class comes to an end, there’s one theme that’s been top of mind here at The Lead: “noise.”
|
October 6, 2026 
Percentage of Loans that Allow Uncapped Synergies & Cost Savings EBITDA Adjustments, Sponsored vs. Non-Sponsored (LTM)
(Past performance is no guarantee of future results.)
North America Private Credit Downgrades to Moderate in 2025
Click here to learn more. Join Fitch for the upcoming Outlook panel: Credit Outlook 2025 Private Credit Rating downgrades and default…
Global PE deal activity
Download PitchBook’s Report here. Based on PitchBook’s preliminary analysis, 2024 was a rebound for global PE activity.
2024 US M&A loan volume up nearly 40% year over year off low 2023 base
US lenders committed to US$337.5bn in M&A loan volume in 2024, an increase of 40% compared to the 13 year…
Performance driving LP confidence
Investors are by and large happy with what private debt has achieved, even if they do have some reservations. In…
Grade A Markets
Investment grade corporate bond spreads are near record lows. Source: Federal Reserve Economic Data (FRED) – St. Louis Fed, The…
Private Equity Now – Impact on Fundraising (GP Perspective)
A successful track record of investment exits is always a given, but doing so today is essential to attract new…
Private Equity Now – Portfolio Positioning (LP Perspective)
We conclude our series on the Private Equity liquidity crunch with this question: What do scarce realizations mean for LPs…
Private Debt Intelligence - 12/16/2024
Top ten private debt funds hoover up 60% of capital in 2024 [wpdm_package id=’73005′] Read more in ‘Preqin 2025 Global…
Interest Bearing Accounts
After three flat-to-down years, LP’s look to be gearing up for 2025. Source: Private Equity International’s LP Perspectives 2025 Study
Refinancing rockets, new money rises: inside 2024’s institutional loan market
The institutional loan market in 2024 has witnessed a dramatic resurgence, marked by a substantial increase in refinancing activity and…
New-Issue Single-B Loan Spreads and Covenants
(Past performance is no guarantee of future results.)
NAIC Report Puts Smaller CRA Ratings Under the Spotlight
Click here to learn more. At end-2023, US insurers held about USD350 billion of privately rated securities. The NAIC has…
Oil & gas fundraising activity
Download PitchBook’s Report here. Of the six oil & gas funds to close through Q3, three funds raised over $500 million.…
CLOs ramp to new heights in '24, new issuance tops US$186bn thanks to bustling November
US CLO new issuance totaled US$25.2bn across 54 vehicles in November, marking the busiest month of the year and the…
High Five – 2025 Outlook (First of a Series)
A year ago we identified four issues for 2024 that would lay the foundations for a Goldilocks era in private…