Fundraising falls flat
![](https://www.theleadleft.com/wp-content/uploads/2024/05/PDI-0429-scaled.jpg)
There’s been talk of a modest revival in capital raising this year, but the first quarter may have lowered expectations.
After a difficult time on the fundraising trail in 2023 as limited partners suffered from the denominator effect and lack of distributions, private debt managers were looking forward to a more benign climate in 2024.