Private Debt Intelligence - 5/20/2024

Is an IPO revival in the pipeline? The IPO market ran cold in 2023 as high global interest rates, continued volatility, and poor after-market performance led companies to hold off, and wait for a more stable macroeconomic climate…. Login to Read More...

Private Debt Intelligence - 5/6/2024

Direct lending dominates first quarter fundraising Demand for direct lending strategies has increased consistently over the past 15 years, as private credit has evolved from niche products such as mezzanine and distressed debt to a mainstream source of finance for deals and companies…. Login to Read More...

Private Debt Intelligence - 4/8/2024

Family offices warm to Infrastructure, private debt, and hedge funds Private equity is the main alternative asset class for family offices, with 58% of those tracked by Preqin active in the strategy, ahead of real estate (46%). However, while just 21% of family offices are active in hedge funds and private debt and 20% in…

Private Debt Intelligence - 3/25/2024

North American-based private debt AUM hits $1tn Private debt in North America has overtaken real estate in 2023 to become the second largest private capital asset class by assets under management (AUM), topping $1tn for the first time. AUM grew 18% in H1 2023, faster than private equity (13%), and private capital markets overall (11%)….

Private Debt Intelligence - 3/11/2024

LPs target private debt for reliable income streams Private debt investments provide LPs with reliable income streams through contractual repayments, which are particularly attractive in an uncertain macroeconomic environment. Portfolio diversification and high-risk adjusted returns were the second most common reasons cited by investors surveyed by Preqin for allocating to private debt…. Login to Read

Private Debt Intelligence - 2/26/2024

Fundraising concentration remains stable amid 2023’s challenging market conditions Despite a difficult 2023, fundraising concentration in private capital markets has remained level for funds and managers in the four years since 2019. Using a Gini co-efficient to demonstrate the distribution of capital across funds shows that fundraising concentration is increasing long-term…. Login to Read More...

Private Debt Intelligence - 2/12/2024

GPs target APAC’s emerging private debt market APAC’s nascent private debt market is witnessing significant growth, with the amount of capital targeted by direct lending funds rising to $11.7bn from 45 APAC-focused vehicles at the end of 2023, up from $7.3bn by 40 funds at the start of the year, according to Preqin data…. Login

Private Debt Intelligence - 12/04/2023

Private debt deal value in Canada rebounds in 2023  After a three-year slump, private debt disclosed deal value in Canada has nearly tripled, rising to $6.4bn in 2023 YTD from $2.2bn in 2022. Canada’s aggregate deal value grew 190% in 2023 compared to 2022, despite a 74% drop in aggregate deal value in the whole…