Growth in the venture debt market space has been explosive – growing from $4.4 billion in total deal value in 2010 to about $33 billion last year.
After years of hype, de-SPAC results are disappointing, stock performance has cratered, and the SEC is hitting the breaks.
Syndicated market activity in 2Q 2022 indicated wider primary and secondary credit spreads as increased volatility trends accelerate.
Heading into the second half of 2022, market participants look to transact before tax code changes, buyers & sellers consider impacts from many exogenous factors.
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.
The history and data of collateralized loan obligations show that CLOs, in general, and middle-market CLOs specifically, continue to perform very well through various economic cycles and market shocks.
SEC proposes the necessity of fairness opinions.