PDI Picks – 9/18/2023

What matters in the US

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Our recent US Report highlighted five key themes in the world’s largest private credit market.

1. Fundraising has slowed to a seven-year low: The latest Private Debt Investor fundraising data shows just 84 credit funds raised globally in the first half of 2023 (see chart). This was the lowest number since 2016, while the $84 billion of capital raised showed a steep drop from the $119 billion raised in H1 last year.