NEW YORK--(BUSINESS WIRE)--Street Diligence, the leading provider of fixed income data and analysis, today announces a research partnership with Professors Victoria Ivashina and Boris Vallée of Harvard Business School to conduct and publish loan covenant research and benchmarking.
Street Diligence’s analytics platform allows for the rapid evaluation and analysis of complex high yield bonds, bank loans and other related securities. Through the Street Diligence Partners Program, Professors Ivashina and Vallée are publishing research and analysis using proprietary data and analytics.
Additionally, students in Professor Ivashina’s private equity class will be given access to the platform for instructive purposes. The partnership will provide unique research opportunities and help expand the understanding of high yield/distressed indentures and credit agreements.
“The partnership with Professors Ivashina and Vallée grants them and HBS students access to our proprietary data found in credit agreements and indentures. We’re excited about the innovative research and analysis this partnership will provide,” said Stephen Hazelton, Founder & CEO. “Street Diligence feels privileged to help faculty and students expand their knowledge within the credit investment space,” he added.
“Street Diligence has created an innovative product that should substantially advance our theoretical and practical understanding of contracting in credit markets. We are very excited about this collaboration,” mentioned Professor Ivashina.
About Professors Ivashina and Vallée
Victoria Ivashina is the Lovett-Learned Chaired Professor of Finance at Harvard Business School. She is a Research Associate at the National Bureau of Economic Research, and a Visiting Scholar at the Federal Reserve Bank of Boston and the European Central Bank. She serves on the editorial boards of the Review of Financial Studies, the Review of Corporate Finance Studies, and the Journal of Financial Intermediation. Professor Ivashina holds a Ph.D. in Finance from the NYU Stern School of Business.
Boris Vallée is an assistant professor in the Finance Unit. He teaches the Finance II course in the MBA required curriculum. Professor’s Vallée’s research traces the motives behind and the effects of financial innovation in recent decades. He pursues this line of inquiry through empirical studies of corporate finance, household finance, public finance, and financial institutions, developing novel data sets and measures. He holds a Ph.D. in finance and a M.Sc. in management, both from HEC Paris, and is a CFA Charterholder.
About the Street Diligence Partners Program
Street Diligence’s bank loan and high yield bond platform makes negotiating and analyzing credit agreements, indentures and their amendments much more effective. Coverage focuses on revolvers, term loans and corporate bonds in the U.S., and its system breaks down key covenant terms and conditions, allowing the investment professional to digest and negotiate them more effectively.
Street Diligence was founded in 2012 by former hedge fund portfolio managers and analysts to identify and negotiate away off-market terms, in addition to taking the frustration and tedium out of due diligence. The company is headquartered in New York, with offices in Boston.
Street Diligence has formed partnerships with the world’s leading universities. Through the Partners Program, approved individuals, faculty and students become more knowledgeable on credit agreements, indentures and other deal documents and use our platform to conduct more thorough and efficient research and due diligence.