r/LeveragedFinance

[BlackRock] Navigating a Maturing Private Credit Market: Insight for Advisors

Private debt yield-to-maturity currently ~10% per Cliffwater Direct Lending Index, vs ~8% for HY bonds and ~7.5% for leveraged loans. The yield premium over public markets has compressed from 300-400bps historically to ~200bps. All three converged near 4% during the 2020-2021 zero-rate era before spiking post-2022. Credit stress concentrated in 2021-2022 vintage loans, which account for ~75% of recent foreclosure activity.

https://www.blackrock.com/us/financial-professionals/insights/navigating-a-maturing-private-credit-market

u/Such-Yam-1131 — 6 days ago

▲ 2 r/LeveragedFinance+1 crossposts

We built a deal management platform, but we're struggling to get traction in South Africa. What would you do?

A couple of us built a deal management software, a comprehensive and affordable deal management platform for PE, VC, M&A, investment banking, corporate development and other deal teams.

We originally focused on South Africa, but we're not getting the traction we'd hoped for, so we're considering opening it up to other countries.

I'd genuinely love some opinions from people who work in this space:

Would a 30-day free trial be enough for you to give a new deal management platform a proper try, or would 60 days make more sense?

And if you were interested in trying it, would you?

We're happy to give early users 30 or 60 days of Premium completely free. We're just trying to figure out what feels reasonable from a user's perspective.

Curious to hear what people think.

reddit.com

u/ShakeCivil9869 — 8 days ago