Private debt dry powder balanced with AUM Private debt dry powder continues to rise in line with the growth of assets under management (AUM) over 2022, although the ratio of dry powder to AUM fell slightly in the first half of 2022. As of June 2022, dry powder at managers based in Europe, North America…

Private debt funds grow larger in slower market Private debt fundraising slowed down in 2022. The number of funds that raised capital fell 30% from 283 in 2021 to 199 in 2022. However, the average size of private debt funds has grown to a record $1.3bn…. Login to Read More...

Growth of APAC-focused private debt AUM faster than other regions APAC-focused private debt assets under management (AUM) grew 24% in the six months from December 2021 to June 2022, standing at $92.6bn. The pace of growth surpassed both North America and Europe, which grew 10% and 4% respectively in the same period… Login to Read

Industrials lead European PD deal value Last week we highlighted the dominance of the information technology sector in private debt in North America. This week, we’ll show the sector breakdown for Europe’s PD industry in 2022. Although only 26 deals took place in the industrials sector year to date, the aggregate deal value stands at…

Information technology dominates PD in North America As we near the end of 2022, the dominance of the information technology sector in private debt in North America is showing. 71 deals have been completed in the sector in 2022 YTD, which puts it behind several other sectors such as consumer discretionary and healthcare…. Login to

US private debt deal activity slumps in 2022 The number and value of private debt deals in the US has fallen sharply this year. The number dropped from 149 in Q1 to 51 by Q4 YTD, with most of the drop in H2 2022. Aggregate deal value for US private debt deals witnessed an 81%…

Venture debt fundraising gains momentum Venture capital fundraising fell after the public equities sell off in Q1 2022, which saw aggregate capital raised plummet from $72.5 in Q1 2022 to $11.1bn by Q3. However, more established early-stage companies may be able to access capital from the growing venture debt market…. Login to Read More...

APAC investors pile into private debt Private debt is fast emerging as an asset class for APAC investors, as evidenced by an average annual 30% growth in the number of investors in the asset class over the past five years. The largest investors in the asset class are from Australia, led by superannuation fund AustralianSuper,…

APAC-focused mezzanine fundraising doubles in 2022 Private debt fundraising with a focus on APAC was buoyant between 2019 and 2021, when annual aggregate capital raised stood between $9.4bn and $12.4bn. Over $8bn has already been raised so far in 2022 , of which a record $4.1bn for mezzanine funds, almost double that of 2021…. Login

Private debt funds continue to grow Private debt is increasingly attractive to LPs amid global inflation and rising interest rates. Year to date, the average size of private debt funds closed has increased to a record $1.3bn, almost double that of 2020’s $704mn. Aggregate capital raised by private debt funds experienced a 14% dip this…