Direct Lending Fundraising Drops in Q1 2018
The private debt industry saw record year in 2017 in which 156 funds raised an aggregate $115bn. Q1 2018 however, has seen a slowdown in fundraising levels – just nineteen private debt funds reached a final close, raising a combined $14bn. Direct lending in particular saw a decrease in fundraising from their record Q4 2017 levels.
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