Fundraising gathers momentum By the end of the third quarter of this year, capital raising was proving to be somewhat less challenging for private credit GPs. After a tough first quarter, private debt fundraising picked up the pace through the rest of 2024 to end Q3 just slightly behind the equivalent period in 2023. Q3…
Hard-won gains can be retained Read PDI’s Report: LP Perspectives 2024 report Read PDI’s Report: LP Perspectives 2024 report Respondents to a PDI survey believe that private debt will not easily give up the share it has won at the larger end of the market. In 2022 and 2023, as talk of private debt being…
Investors keen to plug the gap Read PDI’s Report: LP Perspectives 2024 report Read PDI’s Report: LP Perspectives 2024 report Capital allocations can be expected to increase as many LPs seek to back up their faith in private markets with greater commitments. After a fallow couple of years for fundraising (as well as exits and…
Challenging notions of secrecy Read the column from Jiri Krol of the Alternative Credit Council here The Managed Funds Association has defended private credit against claims that it is guilty of a lack of transparency. One of the most contentious aspects of private credit is transparency – whether deserved or not, a perceived lack of…
Munich’s key talking points Read PDI’s Report: Golden age talk tempered by concern over recent vintages Stress, pricing pressure and resilience were among the characteristics of private debt referred to in the German city. This week, Private Debt Investor was hosting its annual Germany Forum in Munich. You can read here about our coverage of…
Hints of a fundraising revival Download PDI’s Report: Fundraising sees Q3 revival After a period of much-publicised struggles, fund managers seeking fresh capital have been given a shot in the arm by the latest figures. After a tough first quarter, private debt fundraising has picked up the pace through the rest of 2024 to end…
The LPs leading the charge Download PDI’s Global Investor 75 ranking: here For an asset class that appears to be so popular, investor commitments can seem puzzlingly modest. But our GI 75 ranking reveals there is some strong support out there. Most limited partners consider themselves under-allocated to private debt, according to the results of…
What goes up must come down With the interest rate environment once more the talk of the town, private credit is hoping for some pressures to be eased. Hot on the heels of our Private Debt Investor New York Forum last week came news that the Fed was slashing rates by 50 basis points…
Fundraising down, but interest is maintained While capital raising in North America struggled in the first six months of 2024, hopes are high of a strong finish to the year. North American fundraising during the first half of 2024 ran far behind the first half of 2023, according to the latest Private Debt Investor data….
Waiting for the specialty wave There are reasons why you might expect esoteric strategies to garner more investor dollars, but it may not be straightforward. Our Investor Report 2024 shows no obvious change in limited partners’ appetite for different types of private debt strategy. Direct lending has long been in favour and appears to remain…