Private debt funds grow larger in slower market Private debt fundraising slowed down in 2022. The number of funds that raised capital fell 30% from 283 in 2021 to 199 in 2022. However, the average size of private debt funds has grown to a record $1.3bn…. Subscribe to Read MoreAlready a member? Log in here...
On the minds of LPs Over-allocation, rising interest rates and ESG are some of the key investor priorities in 2023. Below we provide a sneaky peek at a few of the key findings from our latest Perspectives study into limited partner attitudes. Perspectives accompanies the February 2023 issue of Private Debt Investor…. Subscribe to Read
Any attempt to predict what the future investing climate will be is bound to be an iffy proposition. This point was driven home to us as we reviewed past candidates for Lead Left Quotes of the Week that didn’t make the cut for one reason or another. For instance, back in May 2021 one CIO…
Despite the Fed’s hawkish jawboning, market rate expectations show little increase.
We noted last week the Fed’s battle to slay the inflation dragon without also cratering the entire village. Increasing spreads on top of a five percent-plus benchmark rate could dampen M&A and financings… ▶︎ Read Dec 19 2022 newsletter: here ▶︎ Chart of the Week: here (by Leveraged Commentary & Data (LCD)) (Any “forward-looking” information […]
Source: LevFin Insights Source: LevFin Insights Source: Lipper (Past performance is no guarantee of future results.) Contact: Robert Polenberg robert.polenberg@levfininsights.com
Time to move out of the mainstream As the plain vanilla part of the private debt market comes under pressure, investors are turning their attention to more specialised approaches. As we usher in 2023, PDI has been canvassing industry sources to glean a sense of the prevailing mood. Some of these conversations will make their…
Growth of APAC-focused private debt AUM faster than other regions APAC-focused private debt assets under management (AUM) grew 24% in the six months from December 2021 to June 2022, standing at $92.6bn. The pace of growth surpassed both North America and Europe, which grew 10% and 4% respectively in the same period… Subscribe to Read