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Private CRE debt offers a hefty yield premium to cash

This week’s chart looks at private CRE debt’s notable yield premium to cash, even as cash yields are elevated.

Private CRE lending: Opportunities to seize and risks to avoid

Our Chief Market Strategist examines the latest opportunities in private senior secured CRE lending.

Private credit attractive to sponsors and investors

Private credit has become PE sponsors’ primary source of financing for LBOs and M&A activity as the asset class becomes increasingly mainstream.

Private credit loss rates don’t support draconian headlines

Direct lending loss rates compare favorably to much of the leveraged finance market, as this week’s chart shows.

Private credit maintains its healthy yield premium

Amid private debt’s massive growth, this week’s chart looks at the healthy yield premium of private credit transactions compared to public markets.

Private credit valuations proven conservative over time

Private credit investors’ realized losses have been about half that of unrealized markdowns during the past three periods of market stress.

Private credit yields remain attractive despite Fed rate cuts

Real yields on private credit could remain in their top historical quartile even if the Fed cuts another 75 basis points as markets expect.

Private credit: Opportunities to seize and risks to avoid

Chief Market Strategist Troy Gayeski dives into the potential opportunities and possible pitfalls in today’s private credit landscape.

Private equity has historically outperformed public markets

The Magnificent 7 makes all the headlines, but private equity has quietly outperformed the S&P 500 over the past 5-, 10-, 15- and 20-year periods.

Private markets attractive in market drawdowns?

This week’s chart looks at private markets’ relatively small declines during the past two market drawdowns compared to their public counterparts.
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