Growth capital dominates in North American PD deals Almost two thirds of private debt deals since 2020 involved North American portfolio companies, demonstrating the region’s dominance in the asset class. Of the deals involving North American portfolio companies, 33% are growth capital deals, 29% are buyouts and 19% add-ons, followed by recapitalisations (13%)…. Login to

Artificial Intelligence in private debt Although there is a tendency to tag anything as ‘AI’ when possible, it can’t be denied that the technology is making waves. Globally this year, over a third of aggregate deal value raised in private debt went to deals with an artificial intelligence tag, despite just 11 deals taking place…

Conditions right for further private debt growth in Asia Although the number of private debt funds raised in Asia from 2020 to 2022 decreased from 47 to 38, aggregate capital raised increased from $8.23bn to $12.15bn. The number of funds raised remained consistent throughout the pandemic…. Login to Read More...

APAC private debt AUM sees steady growth APAC’s private debt market, though smaller than North America’s, shouldn’t be overlooked. Assets under management (AUM) have grown steadily, exceeding previous projections, according to the Preqin Alternatives in APAC 2023 Report. As of September 2022, AUM stood at $94.8bn, up 28% from December 2021, and 56% from December…

Direct lending dominates private debt funds in market Despite a tough financial environment, private debt continues to attract capital. This comes as no surprise given that over 80% of investors expect to commit more or the same amount of capital to private debt over the next 12 months, according to Preqin’s Investor Outlook Alternative Assets…

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…

Private debt AUM surpasses private real estate funds in North America Private debt assets under management (AUM) in North America exceed private real estate funds for the first time ever. As of September 2022, private debt AUM in North America reached $924.0bn establishing a lead over real estate’s $918.9bn…. Login to Read More...

North America attracts lion’s share of private debt fundraising in Q1 2023 North America emerged as the leading region for private debt fundraising in the first quarter of this year. A total of 17 funds with a North American focus raised $29.4bn, overshadowing the next most popular region, the nine Europe-focused funds that raised $5.5bn….

Private debt fundraising holds up in Q1 2023 In Q1 2023, 35 private debt funds worldwide raised $34.8bn, 90% of the capital raised in Q1 a year earlier, when 51 vehicles raised aggregate capital of $35.4bn. This indicates a slightly slower but still robust pace of fundraising, despite the difficult market and persistently challenging operating…

Distressed debt fundraising up as GPs seek $66.5bn Distressed debt funds are seeing more interest from LPs in the wake of recent bank collapses and a persistently challenging operating environment. While seven distressed debt funds closed in the first quarter of 2023, raising a total of $5.2bn, Preqin is currently tracking 85 distressed debt funds…