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.
|
September 2, 2026 
Private Market Valuation Myths Dispelled
We began our special series by dispelling the notion that privates should mimic publics. This week we tackle: Myth 2:…
Subordinated debt bucks fundraising trend
The strategy appears to be claiming market share as fundraising shows signs of coming under pressure. Largely as a result…
Distribution of Synergies & Cost Savings EBITDA Addback Time Horizons (for Actions Resulting in Addbacks)
(Past performance is no guarantee of future results.) Contact: Steven Miller
US institutional primary yields widen to 10.26% in 2Q23TD
After plummeting in March, activity has picked up in the institutional market. However, issuers are facing higher yields on average…
Corporate M&A multiples have eased
Download PitchBook’s Report here. Corporate M&A multiples have eased to decade lows, according to PitchBook’s Q1 2023 Global M&A Report. Last…
Private Debt Intelligence - 5/1/2023
Mezzanine debt fundraising boosted by megafunds [wpdm_package id=’64285′] Mezzanine debt fundraising picked up momentum in the first quarter of 2023,…
Technically Speaking
Lincoln’s database shows rising defaults – covenants, not payments – from a low base.
Loan Stats at a Glance - 5/1/2023
Contact: Marina Lukatskymarina.lukatsky@pitchbook.com
Percentage of First-Lien Loans Clearing with Key Covenant Terms by Quarter
(Past performance is no guarantee of future results.) Contact: Steven Miller
Private Debt Intelligence - 4/24/2023
Private debt deal activity in Europe sees decline [wpdm_package id=’64209′] Since the start of 2021, private debt numbers have seen…
Middle market LBO purchase price multiples declined in 1Q23
Middle market LBO purchase price multiples declined from 12.3 times in 2022 to 11.4 times in 1Q23, the lowest level…
Three Myths of Private Market Valuations
In our special series last month on why private debt valuations should not be viewed through the same lens as…
Three Myths of Private Market Valuations (Last of Three Parts)
We conclude our special series on private market valuation myths with: Myth 3: Leveraged capital structures lead to conflicts of…