Private Debt Investing for the Long Haul Investors in private debt are generally satisfied with the performance of their portfolios. Eighty-nine percent of those we surveyed by Preqin in November 2019 said private debt performance had either met or exceeded their expectations over 2019… Login to Read More...
Private Debt Fundraising Market More Crowded Than Ever There a currently more private debt funds in market than ever before. The start of 2020 saw a total of 436 private debt funds on the road seeking a record $192bn in combined capital commitments. This marks an increase in both the number of… Login to Read
Private Debt Fundraising Slows in 2019 More than 200 private debt funds closed in each year from 2015 to 2018. But 2019 fundraising has lagged, and at the end of the year just 152 funds have reached a final close. Collectively, those funds secured $107bn, the lowest annual total since 2015 and a 11% decrease…
North America Private Debt Set to Hit $500bn The North America-focused private debt market has seen a slowdown in 2019. As of December, 58 funds focused on the region had closed, raising a combined $40bn. This is significantly down from the 118 funds that secured $74bn in 2018, and is the lowest fundraising year since…
Europe-Focused Private Debt Fundraising Hits Record High Private debt fundraising has been slowing down globally since 2017 – so far this year the asset class has raised $92.7bn, the lowest fundraising figure seen since 2014. Normally, a big proportion of private debt trends are attributed to the most developed markets of North America and Europe,…
Top 100 Private Debt Fund Managers The private debt industry has been unceasingly growing over the last ten years, holding more than $786bn in assets as of March 2019, almost three times bigger as in December 2009 when there were $267.3bn in AUM. The 100 largest private debt fund managers have had a major role…
UK-Based Private Debt The UK-based private debt fundraising market saw a record 2017, with 29 funds closed raising an aggregate of almost $29bn in capital. The previous record year seen was 2015 with 22 funds securing $19bn, and so far this year there have been 22 funds closed and $27bn of capital secured…. Login to
Direct Lending Fundraising Recovers Private debt fundraising kept decreasing in 2019, driven by a fall in mezzanine and distressed debt fundraising. However, direct lending continues to represent the largest bulk of fundraising activity, and 2019 has seen a big recover for this strategy. Direct lending fell in 2018 closing 84 funds securing $52bn, after seeing…
Women in Private Debt The number of women that are working in alternatives has increased compared with two years ago. At present, women represent 19.7% of employees in the alternatives industry, where as in 2017, there proportion was 18.8%. However, the rise was unequally shared across the asset classes…. Login to Read More...
Infrastructure Debt Reaches Momentum Debt providers in more specific sectors have started to take the place of traditional lenders, as for example in the infrastructure industry. Banks are no longer the main source, and investors are moving towards funds to gain access to the capital structure. Infrastructure debt fundraising has had peaks and troughs over…