After a year of upheaval, private equity and venture capital dealmaking ended last year on a strong note in the European Union and the U.K., and that momentum is poised to continue. … READ MORE >
How SPACs and direct listings are reshaping the capital markets
The volume and dollar value of public listings went on a tear last year as private companies took advantage of a bullish stock market to raise cash at attractive valuations. … READ MORE >
CHART OF THE DAY: The SPAC boom accelerates
With January about half over, announced listings for SPACs have already surpassed the combined total for the first five months of 2020. At this pace, January will match or possibly exceed the record-setting month of last September, when announced listings peaked. … READ MORE >
Private equity dealmaking surges, with gains in the middle market
After a quiet period set off by the coronavirus pandemic, private equity deal activity in the United States surged through mid-November as investment managers prepare for a possible tax policy change under President-elect Joe Biden. … READ MORE >
CHART OF THE DAY: Markets prepare for favorable clean energy policies
Joe Biden’s clean energy plan has recently been a point of focus. And the prospect of a Biden victory in the presidential election has spurred a rise in stocks set to benefit from his proposed $2 trillion package. … READ MORE >
CHART OF THE DAY: Hedge funds are faring well, but there is a range
Hedge funds are faring well after years of lackluster results, but the returns have not been uniformly strong. … READ MORE >
CHART OF THE DAY: Business development companies show continued risk
Business development companies are still lagging the market in a sign of persisting concern over the performance of loans to small and midsize businesses. … READ MORE >
CHART OF THE DAY: A record year for SPACs
Special purpose acquisition companies (SPACs) are continuing their blockbuster year, with dollars raised in 2020 already beating the total from the previous 10 years combined, according to data from Bloomberg. … READ MORE >
CHART OF THE DAY: What story is the high-yield bond market telling us?
Changes in stock and high-yield bond valuation levels have diverged since the start of September, a shift after largely tracking each other since the beginning of 2020. … READ MORE >
Once derided, special purpose acquisition companies go mainstream amid turbulent markets
For an increasing number of firms, the special purpose acquisition company has become a favored way to go public. SPACs are on pace for a record year of fundraising and have helped to sustain the initial public offering market even during the COVID-19 pandemic. … READ MORE >