Private Debt Continued with a Slow Fundraising in Q3
Q3 showed no signs of recovery of, what has so far been, a slow fundraising year for private debt, closing just 24 funds for $22bn in capital, both quarterly lows for the year and the lowest amount of capital raised in any quarter since Q3 2016. Furthermore, during the corresponding quarter in 2018, exactly twice as many funds were closed.
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