Record Number of Active Private Debt Managers A record of 1,947 private debt firms are currently active. With record figures in both firms and funds, the market is becoming increasingly crowded. The number of fund managers in Europe is increasing...
Record Number of Private Debt Funds in Market Private debt funds in market have reached a new record high, and there are now more find seeking for capital than ever before. The start of 2021 saw a total of 547 private debt funds on the road targeting a record $290bn in combined capital commitments....
Private Debt Fundraising Slightly Slows in 2020 Since 2015, more than 200 private debt funds have been closing each year. Even with the slowdown that the COVID-19 pandemic caused in the alternatives assets industry, private debt fund managers were able to maintain this trend and closed 202 funds in 2020....
Will Venture Debt go up in 2021? Venture debt is a type of debt financing provided to venture capital-backed companies by a specialized financier to fund working capital or capital expenses. Fundraising of this strategy has had a pattern of highs and lows in capital raised over the last 10 years....
The Rise of ESG in Private Debt Although private equity funds continue to dominate the ESG opportunity set, private debt has found its way to embrace ESG. Since 2011, 450 funds have come to market and $346bn has been raised – but 2020 has been a big year for the asset class....
Investors Plans for Their Allocation to Private Debt by 2025 In August 2020, Preqin ran a survey among investors to know their investment plans towards 2025. Of the private debt investors surveyed, 58% intend to increase allocations to the asset class by 2025, 14% of them plan to increase significantly their allocations....
Fund Manager Views on the Importance of Debt Lenders in the Next Five Years Private debt firms have stepped into a gap left by banks after the Global Financial Crisis and are focused on lower-risk credits. More than 30% of fund managers surveyed by Preqin for Future of Alternatives 2025 believe banks will be less
The Future of Private Debt Private debt will continue the expansion of the past decade over the next five years. The asset class is expected to be the second fastest-growing asset classes, with AUM increasing at a CRGS of 11.4% over the next five years....
Investors Swift Their Allocation to Private Debt The way in which private debt investors allocate is changing. The COVID-19 pandemic has made it challenging for investors to form new relationships and they might have chosen to invest with already known fund managers....
Private Debt Performance Private debt has proven to deliver stable returns in the longer-term (three years plus). Across all strategies, 5-years to March horizon IRRs, mezzanine funds have the strongest returns (7.6%), making the overall private debt returns of 5.1%....