Private debt fundraising in North America holds up amid macroeconomic uncertainty The number of private debt funds closing in North America has remained steady with a slight increase during Q2 2023, as numbers increased from 18 to 20 compared to Q1 this year. Nevertheless, aggregate capital raised fell to $20.91bn in Q2 from $31.98bn in…
Emerging market private debt dealmaking remains steady As emerging markets continue to develop their private debt markets, they present both opportunities and risks for investors looking to tap into their growth. With regions such as India, Southeast Asia, and the Middle East among those targeted by fund managers in 2023, there is a clear desire…
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%)…. Subscribe 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…. Subscribe to Read MoreAlready a member? Log in here...
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…. Subscribe to Read MoreAlready a member?
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….