PDI Picks – 4/30/2018

Two market views


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Managers may be putting resources and strategies behind a bearish view of the market.

Senior debt and distressed debt fundraising totals were neck and neck in the first quarter, according to PDI fundraising data.

Private debt funds closed on $37.1 billion in the first quarter, and those targeting the top of the capital structure rounded up 34 percent of the total, while vehicles targeting troubled companies collected 33 percent.