Senior debt fundraising falls from its peak Our data for private credit capital raising by strategy shows investors once again diversifying their commitments rather than concentrating them. At first glance, it appears that last year saw investors significantly re-align their strategic priorities when it comes to private credit. But a closer examination of the PDI…
Capital flowing into private debt funds Preliminary data shows capital raising enjoyed a reasonably prolific year in 2025, nudging ahead of the previous year’s total. Last year turned out to be a strong, if not spectacular, year for private debt fundraising globally. With the fourth quarter ending up the most prolific quarter of the year,…
The pros and cons of evergreen funds Liquidity has become highly prized in private markets, but a traditionally illiquid asset class such as private credit cannot easily adapt to the demand. One of the clear trends of 2025 has been an increasing demand for liquidity, even within private markets where the illiquidity premium has long…
The rise of secondaries Our Perspectives 2026 survey confirms that secondaries are growing in investor popularity. Secondaries have quickly moved from the periphery of private credit to the mainstream. Our Perspectives 2026 survey reveals the evidence of this sudden change…. Subscribe to Read MoreAlready a member? Log in here...
North America consolidates fundraising dominance We reveal some of the preliminary findings from our PDI 200 ranking of private credit’s most successful fundraisers. Through the PDI 200, Private Debt Investor charts the biggest fundraisers in the industry over a rolling five-year period. As the private credit industry has grown, so too has this ranking, which…
An investor vote of confidence Amid some mixed headlines, private markets appear to be as popular as ever with those who provide them with their capital. In last week’s column, we reflected on some of the outcomes from our latest LP Perspectives study. Continuing our examination of some of the key findings this week reveals…
Performance and regulation are worries for LPs Our latest test of investor opinion finds tougher market conditions impacting the responses. In this column we offer readers of the Lead Left a sneaky peek at some of the findings emerging from the latest version of our LP Perspectives annual survey, which will form part of the…
Allocations on the increase Our latest GI 75 ranking of private credit’s biggest investors shows allocations increasing, with pension funds and insurers dominant. Eight is the magic number. It is, in fact, the average allocation made to private credit by the institutions featured in this year’s version of Private Debt Investor’s Global Investor 75 ranking…
The rise of retail Private credit is still having much success raising capital from institutions, but it doesn’t stop the retail investor from taking the spotlight. On the face of it, private credit fundraising from institutions is going strong. Our latest data shows such fundraising hit a record high for the first nine months of…
Multi-regional funds and secondaries on the rise Two trends have emerged from our latest fundraising data to the end of Q3. The US is no longer the capital magnet it used to be. The April ‘Liberation Day’ tariffs were perhaps the biggest shock among the political turbulence that has been unsettling financial markets throughout the…