Category: Uncategorized

Black Mountain Makes Inc. 5000 List for 5th Straight Year

Inc. magazine ranked Black Mountain Systems No. 1233 on its 34th annual Inc. 5000, an exclusive ranking of the nation’s fastest-growing private companies. This marks the fifth consecutive year that Black Mountain has been included on this prestigious list. “We are proud to be recognized as a Five-Time Inc. 5000 Honoree,” said Andy Horwitz, co-CEO…

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SNAPSHOT: Institutional Investors in Private Debt in 2015

According to surveys conducted for Prequin’s 2015 Quarterly Report released in March, institutional investors in private debt are optimistic about developments on multiple fronts for the coming year: There is strong and growing interest in private debt investment. 57% of respondents expecting to increase their allocation to private debt funds within the next 12 months (Fig.…

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[INFOGRAPHIC] 7 Enterprise Roles That Need Tailored Solutions

Depending on whether you’re a portfolio manager, compliance professional, trader, analyst, etc., the day-to-day activities and challenges you face on the job are very unique. At Black Mountain, we get that. Our infographic below takes a look at 7 distinct roles across an investment firm and how Black Mountain’s suite of solutions works to address…

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What is the legacy of Dodd-Frank?

Almost six years after Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act, large banks continue to dominate and asset managers have filled the gap in the leveraged loans market. Some experts shared their views on the new regulatory landscape of today. Did the Dodd-Frank Act miss the mark? The Dodd-Frank Wall Street…

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Expert Q&A with Cindy Lee, Director of Product Management at Black Mountain

There is a reason why finance professionals have increasingly been pursuing jobs in the technology sector. Many who traditionally sought employment at investment banks and hedge funds are finding that financial software companies offer them the opportunity to put their experience and knowledge to good use, all while working in service of solving the pressing…

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Loan issuers report a decline in earnings growth

Steve Miller from S&P Capital IQ’s Leveraged Commentary & Data recently explained the dip in loan issuer EBITDA growth and explored the broader economic influences at work. He named a strong dollar and weak GDP and energy sector performance as some of the reasons why earnings growth is a bit sluggish this quarter. Decline in EBITDA…

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How PE firms and banks evaluate middle-market borrowers

Private equity investors and debt providers approach leveraged lending in different ways. Lenders do not benefit (above and beyond initial terms) when borrowers perform well and repay their loans. Alternatively, private equity firms can recoup their initial investment as well as multiples of that sum. Experienced managers underwrite to companies that may not have strong…

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Risk retention rules in the European & US CLO markets

According to the audience that attended the Creditflux Symposium last month in London, there is little clear evidence to suggest that risk retention rules have improved the alignment of interests between managers and investors in the European CLO market. Similarly, when asked to predict the number of different managers who will issue CLOs in the…

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A closer look at the CLO market

Collateralized loan obligations may have gotten a bad rap after the financial crisis of 2008, but are they really to blame? Unlike certain types of securitized vehicles with static or unmanaged pools of mortgage-backed securities or auto loan portfolios, CLOs are managed by experienced asset managers who steer their portfolios away from certain risk by…

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The right kind of FinTech development is anchored in partnership

The finance and technology sectors do more than just work well together: they have formed a business ecosystem where innovation and efficiency thrive. In recent years, the FinTech industry, in part through the efforts of its champions like former Mayor Michael Bloomberg, has propelled New York City to near-Silicon Valley status. London, similarly, is transforming…

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How does Black Mountain address its clients’ compliance needs?

On April 14, 2015, Black Mountain Systems held its annual Client User Forum in Manhattan at the TKP New York Conference Center. 33 notable companies attended the event, representing a diverse cross-section of investment strategies and market-focus. The goal of the User Forum each year is to foster the exchange of ideas and best-practices between…

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