The Pulse of Private Equity – 2/1/2021

Big slide in fundraising masks a busy year


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Fundraising for direct lending vehicles hit a five-year low in 2020, according to PitchBook’s latest Global Private Debt Report. The five-year angle is for dollars raised; in terms of fund closings, the 33 that wrapped up last year were the fewest since 2012, and less than half of the funds raised in 2019.