This content is from: Portfolio There’s No Easy Exit for Companies Backed by PE and VC Verdad Advisers’ Dan Rasmussen argues that rising debt costs, compressed margins, and negative cash flow make for a “pretty scary” picture of the health of private companies. By Michelle Celarier June 01, 2023
This content is from: Portfolio Higher Rates Aren’t Sinking Private Credit — Yet “Everyone is adjusting to new realities. The terms are changing, covenants are better, leverage is lower, coupons are higher,” says Richard Byrne of Benefit Street Partners. By Julie Segal April 19, 2023
This content is from: Portfolio Why Underperforming Private Real Estate Managers Survive The average internal rate of return of private equity real estate funds was 7 percent, significantly lower than the IRR for buyout and venture capital funds. By Hannah Zhang May 25, 2023
This content is from: Portfolio Life Insurers Could Face Liquidity Crunch Next Rising interest rates coupled with “uncharted lapse territory” could put financial pressure on some life insurance companies, a Barings report says. By Michael Thrasher April 17, 2023
This content is from: Portfolio Hedge Funds Signal Tough Times Ahead Managed futures, one indicator of hedge fund sentiment, haven’t been this negatively exposed to the S&P 500 in almost six years. By Hannah Zhang April 12, 2023
