Senior debt shows strong deployment

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The strategy’s popularity with investors peaked in 2024, as did the amount of capital being deployed.

In 2024, amid a volatile economic and political environment, investors demonstrated a flight to safety by flocking to senior debt strategies. It was a year that saw senior debt’s share of all global private credit fundraising rise to 63 percent. It proved to be a one-off, however – last year, that figure fell to 42 percent, much more in line with the historic norm, as investors prioritised strategic diversification.