PDI Picks – 8/11/2025

Senior debt loses its dominance

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The first half of this year saw investor commitments more widely dispersed in the asset class.

In last week’s column, we examined the first-half global private credit fundraising figures and found that the total raised was consistent with the five-year H1 average, even though consistency was not a word associated with a turbulent period which saw a very strong Q1 followed by an extremely subdued Q2.