Private Debt Intelligence – 6/15/2020

https://theleadleft.com/wp-content/uploads/2026/06/cropped-THE-LEAD-ICON.png
Content hub / Article / Private Debt Intelligence – 6/15/2020

The Private Debt Market Remains Crowded

Chart

Download Data


[wpdm_package id=’35477′]

The private debt market remains crowded amid COVID-19. As at 15th of June there are 485 funds in market seeking a combined $247bn. The number of funds in market is slightly up from the start of the year, but the amount targeted has increased a 22%. At the beginning of 2020 there were 436 funds in market targeting $192bn.

Direct lending funds account for around half of both the number of funds in market and the total capital sought – the strategy has 224 funds in market seeking for $103bn. Although numbers show that distressed debt funds are the largest in market; there are 59 funds seeking $70bn – the average fund size ascends to $1.1bn. By region-focus, North America remains the most targeted with 266 funds in market looking to invest in that location, followed by Europe with 125 funds in market.

Contact: Maria Zapata
maria.zapata@preqin.com

Business development companies and the rise of balance sheet financing vehicles

Podcast

Business development companies and the rise of balance sheet financing vehicles

Fitch's Deb Murnin and Chelsea Richardson discuss the growing use of off-balance-sheet JVs and finance companies among BDCs, exploring the drivers, leverage impacts, portfolio risk profiles, and potential rating implications for Fitch-rated BDCs.
Listen
Private Debt Investor New York Forum

September 15-16, Hudson Yards, New York

Private Debt Investor New York Forum

Bringing together the investors, managers and advisers shaping the next phase of the market — 200+ allocators and $10.6 trillion of LP capital expected. Benchmark strategies, hear from leading LPs, and cut through market noise over two unmissable days.
Learn more
US Private Credit League Tables H1'26

Report

US Private Credit League Tables H1'26

The definitive rankings covering private credit activity in H1'26.
Download
PitchBook's Q2 2026 US PE Breakdown

Report

PitchBook's Q2 2026 US PE Breakdown

Software freezes and energy powers on as US PE deal value falls 38% in Q2 2026.
Download
Making sense of private credit defaults

Webinar

Making sense of private credit defaults

What does private credit default data really tell us? Join our exclusive webinar featuring experts from KBRA, Moody's, Fitch Ratings, and S&P Global to find out.
Register

Latest news

    High-Yield Bond Statistics

    Read More

    Software, consumer-related direct lending deals fell in H1'26

    The software and technology sector, the second-most-active sector in 2025 at 17% of total deal activity, slid to fifth place in the first half of 2026.

    Read More

    Unconquered Territory

    With most of the map still unexplored, there’s room for a sequel.

    Read More