Fundraising gathers momentum

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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 saw a total of $68.1 billion raised. The total to the end of September reached $190.6 billion, compared to $193.8 billion in the same period of 2023.