North America consolidates fundraising dominance

We reveal some of the preliminary findings from our PDI 200 ranking of private credit’s most successful fundraisers.

Through the PDI 200, Private Debt Investor charts the biggest fundraisers in the industry over a rolling five-year period. As the private credit industry has grown, so too has this ranking, which began as the PDI 50, then became the PDI 100, and doubled again two years ago to form the PDI 200, as more firms look to tap into growing investor demand for the asset class. Here are some of the key trends for 2025: