Private Debt Intelligence – 3/25/2024

North American-based private debt AUM hits $1tn

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Private debt in North America has overtaken real estate in 2023 to become the second largest private capital asset class by assets under management (AUM), topping $1tn for the first time. AUM grew 18% in H1 2023, faster than private equity (13%), and private capital markets overall (11%).