Private Debt Intelligence – 6/5/2023
Manufacturing leads private debt deal numbers in North America
Manufacturing is currently leading by number of deals in North American with private debt finance. As of June 2023, Preqin has recorded 19 manufacturing deals, leading the next largest sector, e-commerce, which has seen 11 deals completed. Aggregate deal value in the sector reached $4bn, which will likely increase further as more deal information is reported by GPs. This activity follows significant initiatives from the US Government, including the Inflation Reduction Act and the Chips and Science Act, both of which are designed to stimulate manufacturing investment. Renewed industrial efforts in the US could fuel investment in the sector throughout 2023 and beyond.
(Past performance is no guarantee of future results.)
Contact: Megan Harris
megan.harris@preqin.com

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