스냅차트
Buyout leverage in 2018 hit levels not seen since the run-up to the global financial crisis. Lenders eager to fund new deals were encouraged by the Trump era’s more relaxed regulatory environment. High-yield markets crashed at year-end, however, only to snap back in early 2019. The extreme volatility left analysts wondering how long the favorable market for leveraged loans will last.
Bain partner Hugh MacArthur is a director in the firm’s Boston office and head of Bain’s Global Private Equity practice.
Private Equity: Still Booming, but Is the Cycle Near Its End?
Deal count declines, but value jumps to a five-year record.