Q3 private debt fundraising in North America hits twelve month high Aggregate capital raised in North America has hit $34.8bn in Q3 year-to-date (YTD), the highest it has been since Q2 2022, which achieved a near record breaking $52.8bn. The number of funds closed during the third quarter so far remains average for the year…

Distressed debt dry powder falls as GPs put capital to work Distressed debt assets under management with a North America-focus reached an all-time high at the end of 2022, and continued high interest rates and the tougher economic environment may trigger increased activity in the segment. Between 2020 and 2022, distressed debt AUM increased by…

Private debt investment holds up in slower transactions market Private debt investment in OECD countries has seen a slight decline over the last two years. So far this year, there have been 348 reported deals with an aggregate value of $73.8bn. This is less than half of the $190.8bn invested in 886 deals in 2022,…

Canada-focused private debt financing deal value on the upturn Canada-focused private debt deal activity and value have recently picked up. So far this year there have been 16 deals, with an aggregate value of $4.1bn. This is nearly double the $2.2bn value reached over 46 deals in 2022…. Login to Read More...

Private debt fundraising rebounds in Q2 2023 After weak figures in the first quarter of 2023, private debt fundraising has rebounded to levels more closely resembling the long-term trend. In the second quarter of 2023, 42 private debt funds closed, raising a total of $56.66bn…. Login to Read More...

Private debt deal making low in H1 2023 It’s been a tough start to the year for private debt, as the number of private debt transactions dropped to its lowest level in a decade. In the first half of 2023, there were 259 deals and aggregate deal value was $38bn, allowing for a delay in…

North America direct lending dry power reaches record levels Direct lending dry powder in North America hit a record breaking $123.9bn as of July 2023. While displaying gradual growth from 2021 to 2022, the last six months saw a 16% increase, the largest jump in nearly five years. Though private debt has not been immune…

Private debt fundraising in North America holds up amid macroeconomic uncertainty The number of private debt funds closing in North America has remained steady with a slight increase during Q2 2023, as numbers increased from 18 to 20 compared to Q1 this year. Nevertheless, aggregate capital raised fell to $20.91bn in Q2 from $31.98bn in…

Emerging market private debt dealmaking remains steady As emerging markets continue to develop their private debt markets, they present both opportunities and risks for investors looking to tap into their growth. With regions such as India, Southeast Asia, and the Middle East among those targeted by fund managers in 2023, there is a clear desire…

Growth capital dominates in North American PD deals Almost two thirds of private debt deals since 2020 involved North American portfolio companies, demonstrating the region’s dominance in the asset class. Of the deals involving North American portfolio companies, 33% are growth capital deals, 29% are buyouts and 19% add-ons, followed by recapitalisations (13%)…. Login to