Direct lending most popular PD strategy of 2021
Private debt funds reached an average 120% of their target size at final close last year, with a total of $195.1bn raised. Of this, 58% was raised for direct lending strategies, amounting to $112.5bn over 94 funds. The next largest strategy within the asset class was distressed debt, where 30 funds raised a total of $40.9bn.
Already a member? Log in here