When junior debt fundraising comes out on top
The lack of mid-market mezzanine opportunities has likely caused the size of mezzanine funds to grow faster than senior debt vehicles.
Fewer firms are raising a greater portion of all private debt capital, but this stands out to be particularly true in mezzanine debt.
Junior loan funds raised the most across all private debt strategies last year – some $51.17 billion of the $134.9 billion raised, according to PDI data.
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