PDI Picks – 6/5/2023

Fundraising’s tale of two halves

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Looking back over the last decade reveals a phase of uninterrupted capital growth, followed by a less predictable period.

Since Private Debt Investor launched a decade ago, we have closely tracked fundraising for the asset class across its evolving array of strategies. We have witnessed the meteoric rise of an asset class that was considered a small, niche proposition in the 2000s into a major offering that has attracted many of the biggest private markets firms and institutional investors in the world.