PDI Picks – 1/10/2022

Venture debt sets new records

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It’s a form of financing that’s taken a while to gain traction, especially outside of the US. But there are clear signs this is changing.

Venture debt, long the province of the US and once viewed as a mere backstop along the way to growth for startups, is lately being seen as a catalyst for their growth. Moreover, the asset class has taken off on a global scale and is continuing to thrive.