Mezzanine debt fundraising boosted by megafunds
Mezzanine debt fundraising picked up momentum in the first quarter of 2023, accounting for 65% of total private debt raised in the period. Mezzanine funds raised $20.7bn in Q1 2023, boosted by the closes of Goldman Sachs Asset Management’s Mezzanine Partners VIII fund on $11.7bn and Crescent Credit Solutions VIII fund at $8.0bn.
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