Pedal off the metal
Fundraising tumbled in 2018, in part explained by an unwillingness to add to the stockpile of capital dedicated to distress.
Rather like Superbowl LIII, private debt fundraising in 2018 was intriguing but unspectacular. Compared with the record-breaking $211 billion collected globally in 2017, a rather more humdrum figure of $135 billion was reached last year,