Speaker: Christopher Godfrey
Date: 2nd - 4th June 2015
Location: Mariott Champs Elysees
Speaker: Christopher Godfrey
Date: 2nd - 4th June 2015
Location: Mariott Champs Elysees
U.S. private credit defaults hit a record 6.0%, distressed PIK deferrals reached 6.4% of private debt volume, and 2021–2022 vintages are exposing sharp gaps in default, loss, and recovery rates. Based on CEPRES data across 1,230+ private debt funds, this report shows where stress is concentrated by vintage, geography, sector, and fund structure — helping institutional investors sharpen manager selection, pressure-test allocations, and identify risk before it is hidden in headline performance.
LPs cannot afford to rely on outdated assumptions.
Pricing has shifted. Leverage risk is rising. Returns are under pressure. In today’s volatile market, understanding where private markets have been repriced is critical to manager selection, underwriting, and portfolio risk.
Based on 172,000+ private market deals, this whitepaper reveals how valuations, leverage, and returns have changed — including deeper analysis of North American buyouts and Software.
Download the whitepaper to see where risk is building before it shows up in your portfolio.
This report uses granular Deal Comps from CEPRES DealForge to reveal two very different healthcare subsector stories: cosmetic dental implants, where median gross IRR reaches 21.8% with ~10.1x entry EV/EBITDA, and mental care facilities, where nearly one-third of deals fall below 1.0x MOIC.
Download the report to see how deal-level benchmarks can help GPs identify overlooked niches, pressure-test entry pricing, uncover hidden margin risk, and make sharper underwriting decisions before capital is at stake.
U.S. private credit defaults hit a record 6.0%, distressed PIK deferrals reached 6.4% of private debt volume, and 2021–2022 vintages are exposing sharp gaps in default, loss, and recovery rates. Based on CEPRES data across 1,230+ private debt funds, this report shows where stress is concentrated by vintage, geography, sector, and fund structure — helping institutional investors sharpen manager selection, pressure-test allocations, and identify risk before it is hidden in headline performance.
LPs cannot afford to rely on outdated assumptions.
Pricing has shifted. Leverage risk is rising. Returns are under pressure. In today’s volatile market, understanding where private markets have been repriced is critical to manager selection, underwriting, and portfolio risk.
Based on 172,000+ private market deals, this whitepaper reveals how valuations, leverage, and returns have changed — including deeper analysis of North American buyouts and Software.
Download the whitepaper to see where risk is building before it shows up in your portfolio.
This report uses granular Deal Comps from CEPRES DealForge to reveal two very different healthcare subsector stories: cosmetic dental implants, where median gross IRR reaches 21.8% with ~10.1x entry EV/EBITDA, and mental care facilities, where nearly one-third of deals fall below 1.0x MOIC.
Download the report to see how deal-level benchmarks can help GPs identify overlooked niches, pressure-test entry pricing, uncover hidden margin risk, and make sharper underwriting decisions before capital is at stake.