Investors Satisfied with Private Debt Performance Investors’ positive perception of the private debt industry remains strong moving into H2 2017, as cited by more than half (57%) of survey respondents. Potentially more telling, however, is the consistently low reports of any negative perception from investors…. Subscribe to Read MoreAlready a member? Log in here...
Private Debt Fund Managers Gauge Investor Appetite Preqin’s mid-year survey of private debt fund managers found that the vast majority have seen investors become even more keen to participate in the asset class over the past 12 months. Ninety percent of surveyed firms reported that they had seen investor appetite increase in the 12 months…
Private Debt Fund Managers Adapt to Rising Competition The private debt industry is seeing fundraising figures on pace with those of 2016, and optimism among private debt fund managers for the asset class remains high. However, high levels of deployable capital and an increased number of industry participants have likely contributed to increased difficulty in…
Deal Concentration by Location and Industry Recent Preqin data saw that deals completed in H1 2017 were both concentrated by location as well as primary industry focus. Preqin found that most private debt deal activity was concentrated in North America and most completed deals occurred in the industrials sector…. Subscribe to Read MoreAlready a member?
Mezzanine Funds Become Most Sought-After Last week, Preqin examined the stated preferences of private debt investors and showed that mezzanine funds are currently preferred by the largest proportion of investors, a shift from 12 months ago. This week, Preqin explores… Subscribe to Read MoreAlready a member? Log in here...
Private Debt Investors Look to Mezzanine Funds As part of its Q2 review of the private debt asset class, Preqin evaluated the strategy preferences of the almost 2,800 investors currently active in the industry. It found that investors were targeting fund types at very different rates compared to 12 months ago,… Subscribe to Read MoreAlready
Private Debt Dry Powder Holds Steady As at the end of June 2017, private debt managers held more than $205bn in dry powder, up slightly from the $196bn recorded at the end of 2016. This relatively small increase demonstrates another way in which the private debt market is becoming increasingly distinct from the private equity…
Direct Lending Drives Private Debt Fundraising Market Following the record private debt fundraising seen in Q4 2016, during which 51 funds reached a final close, the number of funds in market seeking investment stood at 293 at that start of 2017. Further robust fundraising in Q1 saw this number fall slightly to 283 at the…
Private Debt Fundraising Momentum Fades in Q2 The closed-end private debt fundraising market saw 26 vehicles reach a final close in the second quarter of 2017, securing a total of $16bn in investor commitments. Preqin expects these figures to rise by up to 10% as more information becomes available,… Subscribe to Read MoreAlready a member?
Public Pension Funds in Private Debt Public pension funds are among the most important institutional investors active in the private debt asset class. They comprise some of the largest and most influential limited partners,… Subscribe to Read MoreAlready a member? Log in here...