PDI Picks – 6/25/2018

Distressed Europe

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Overall fundraising for private debt in Europe has taken a plunge in 2018, but distressed strategies are bucking the trend.

With only just less than $11 billion raised for private debt investment in Europe so far this year (at the time of publication), fundraising activity in the region is a far cry from 2017 – a record-breaking year that saw almost $47 billion gathered by GPs.