Private Debt Intelligence – 11/8/2021
Private debt sees leap in impact funds
Chart
Download Data
[wpdm_package id=’49988′]
Private debt has seen a rise in the number of impact funds, defined as funds with the intention of generating a measurable, beneficial environmental or social impact alongside financial returns, being raised over the year, reaching a new high in 2021 with 12 funds either raising or already closed. Sine 2002, 54 impact funds have been raised in the asset class, the majority of which have a North American focus. Within strategies, 37 impact funds have or are being raised in direct lending, the most popular private debt strategy. This followed by venture debt (nine impact funds) and mezzanine (five funds).
(Past performance is no guarantee of future results.)
Contact: Laura Messchendorp
laura.messchendorp@preqin.com
Latest news
PE dry powder
The capital that is being raised is flowing overwhelmingly to the largest, most established managers.
Middle market debt held by BDCs vs High yield vs Treasury yields
The blue line represents the current dividend yield of the VanEck BDC Income ETF (BIZD), which stood at 11.7% as…
LevFin Issuance Slows Across Products in August; DCM Remains a Bright Spot
The leveraged capital markets business continued to decelerate from just about every aspect, even for August standards. Overall issuance (including…