The BDC Quarterly Wrap highlights select data points to provide a readout on BDC growth, structure, financing and asset quality. For context, growth data includes the entire BDC universe, which consists of 155 funds; all other data captures BDCs reporting financials by August 19th, representing a universe of 151 funds.
SOLVE has emerged as a game-changer in an industry as opaque as Private Credit, where access to accurate and timely data is critical.
As Prospect Capital faces a surge in troubled borrowers paying interest with more debt, concerns over the fund’s finances are growing louder.
Four fintech start-ups, using AI and data, are solving the pricing problem in the municipal bond market, upending entrenched incumbents along the way.
Some muni market investors are paying far more than others for the same bond on the same day, even after a 2018 rule improved the situation somewhat.
Four fintech start-ups, using AI and data, are solving the pricing problem in the municipal bond market, upending entrenched incumbents along the way.
SOLVE, provider of pre-trade quotes data across fixed income markets, has rolled out an artificial intelligence platform (AI) that is designed to predict the next trade level for fixed income securities.
SOLVE, a market data platform, has announced the beta version of SOLVE Px, an AI predictive dataset for the muni market.
The 1.5 trillion-dollar private credit asset class has evolved beyond its niche status, becoming a prominent financing choice and is increasingly taking deals away from banks, junk bonds, and leverage loan markets. Business Development Corporations (BDCs) serve as a valuable proxy, offering transparency through their filings, revealing trends in this evolving market.
With the acceleration of technology in all markets, firms are trying to create solutions to process data — from issuer offering documents and continuing disclosures to trades and pricing and evaluations — and turn it into digestible, usable forms.
