Private Debt Intelligence – 1/20/2020
Private Debt Fundraising Market More Crowded Than Ever
There a currently more private debt funds in market than ever before. The start of 2020 saw a total of 436 private debt funds on the road seeking a record $192bn in combined capital commitments. This marks an increase in both the number of vehicles (+9%) and capital targeted (+14%) compared to January 2019. Of those, 57 are seeking $1bn or more, and these funds account for the majority (58%) of all capital being sought. With a possible market correction around the corner, investors are putting their trust in the most experienced firms.
Contact: William Clarke
william.clarke@preqin.com
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