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…. Subscribe to Read MoreAlready a member? Log in here...

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%)…. Subscribe to

Artificial Intelligence in private debt Although there is a tendency to tag anything as ‘AI’ when possible, it can’t be denied that the technology is making waves. Globally this year, over a third of aggregate deal value raised in private debt went to deals with an artificial intelligence tag, despite just 11 deals taking place…

Conditions right for further private debt growth in Asia Although the number of private debt funds raised in Asia from 2020 to 2022 decreased from 47 to 38, aggregate capital raised increased from $8.23bn to $12.15bn. The number of funds raised remained consistent throughout the pandemic…. Subscribe to Read MoreAlready a member? Log in here...

APAC private debt AUM sees steady growth APAC’s private debt market, though smaller than North America’s, shouldn’t be overlooked. Assets under management (AUM) have grown steadily, exceeding previous projections, according to the Preqin Alternatives in APAC 2023 Report. As of September 2022, AUM stood at $94.8bn, up 28% from December 2021, and 56% from December…

Direct lending dominates private debt funds in market Despite a tough financial environment, private debt continues to attract capital. This comes as no surprise given that over 80% of investors expect to commit more or the same amount of capital to private debt over the next 12 months, according to Preqin’s Investor Outlook Alternative Assets…