2Q 2022 Update: Middle Market Credit Spreads, Required Returns

Syndicated market activity in 2Q 2022 indicated wider primary and secondary credit spreads as increased volatility trends accelerate.

1Q 2022 Update: Middle Market Credit Spreads, Required Returns

Syndicated markets experienced increased volatility and widening in some secondary markets as capital markets as central bankers tighten policy to combat inflation and the Russian invasion of Ukraine.

A 4Q 2021 Update on Middle Market Credit Spreads and Required Returns

Post-Q4 2021, investors are reporting a greater willingness to underwrite more storied, high COVID impacted, or marginal issuers.

A 3Q 2021 Update on Middle Market Credit Spreads and Required Returns

As we reflect on the private credit market in Q3 2021, direct lenders and private equity sponsors note trends remain similar to Q2.

Why VRC for Portfolio Valuation?

Learn why eminent private fund managers and their boards rely on our team.

A 2Q Update on Middle Market Credit Spreads and Required Returns

Considering competitive market dynamics, market participants report a tightening in credit spreads since Q2 2020 and generally stable credit spreads in 2Q21.

Resource Guide to Navigating SEC Rule 2A-5

VRC’s Rule 2a-5 Resource Guide provides the details fund managers and fund boards need to come into compliance with the SEC’s new regulations to fair value portfolio securities.

Q1 2021: Middle Market Credit Spreads and Required Returns

How are market participants reacting to positive vaccination rates, economic optimism, company prospects and floating rate security demand?

Middle Market Credit Spreads and Required Returns

In Q4 2020, market participants noted improving comfort with company and industry fundamentals, outlooks, and the ability to weather a second wave of the virus.

COVID & U.S. Portfolio Securities Valuation: An update on credit spreads and required returns

In Q3 2020, secondary equity and credit markets rebounded, primary equity and levered finance markets reopened, and the price of risk declined.