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Private Debt Intelligence - 11/28/2022

Venture debt fundraising gains momentum Venture capital fundraising fell after the public equities sell off in Q1 2022, which saw aggregate capital raised plummet from $72.5 in Q1 2022 to $11.1bn by Q3. However, more established early-stage companies may be able to access capital from the growing venture debt market…. Subscribe to Read MoreAlready a

PDI Picks – 11/28/2022

Investors fix gaze on Asia-Pacific As private debt matures, under-developed markets in Asia and Europe are expected to come into their own. In a newly published report on the state of private credit, the Alternative Credit Council foresees the growth of private credit beyond the favoured markets of the US and UK. Many of the…

Private Credit – Why Now? (Third of a Series)

The clock is ticking on interest rate hikes. Who will win the fight on inflation: the Fed with a soft landing or a recession with a hard one? The answer could either push buyers deeper into illiquid credit or reinforce indecision. But private credit has never been a timing game. Opportunistic, distressed and liquid credit are influenced…

Why Private Credit Now (or Powerball)

Last Tuesday the largest winning Powerball ticket ever (10-33-41-47-56) was bought at a gas station in Altadena, CA, just north of Pasadena. The lucky jackpot winner of $2.04 billion can elect a lump sum of $1 billion or be paid in installments over thirty-years… ▶︎ Read Nov 7 2022 newsletter: here ▶︎ Chart of the […]

Debtwire Middle-Market – 11/14/2022

Leveraged borrowers jump at the opportunity to access debt capital amid market upturn Source: Debtwire Par, Markit Investors in the leveraged loan and high-yield bond markets rejoiced following a better-than-expected inflation reading last week that sent equity markets soaring. On Thursday (10 November) the US Bureau of Labor Statistics reported that core inflation slowed to…