Leveraged Finance Professional Review of PitchBook

We use PitchBook quite frequently in our specific team, the Syndicated & Leverage Finance group. The main areas we use are the Credit Research and News Function, along with the various e-mail blasts we receive on how the overall debt markets performed that day. We also rely on the weekly and monthly write-ups to inform our own market research. Overall, we rely on PitchBook quite frequently, especially to check on the terms of new institutional debt issuances that have been publicly disclosed. We also rely on the deal write-ups from PitchBook to check on transactions that were completed in the past and also to learn about specific terms on any particular debt transaction.

Given private markets data is much more limited, the quality is more hit or miss. Sometimes, the quality is great and other times, the quality could be less. But this isn't specific to PitchBook as finding quality data regarding private markets is difficult through other vendors as well. Generally however, PitchBook is one of the first place I check before checking other sources.