PDI Picks – 1/7/2019

The mightier they are, the harder they fall


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Private debt hit a fundraising peak in 2017, which has proved impossible to sustain.

It was the year when private debt came of age as an asset class, shattering the previous global aggregate fundraising total as GPs raked in a combined $211 billion according to PDI figures. That year, however, was not last year – it was 2017.