Private Debt Funds in Market in Q2 2019
Through Q2 2019, new private debt funds have continued to come to market, and there are now a record 420 vehicles on the road. Having spiked to $192bn at the start of the quarter, though, the total capital sought in the asset class has fallen back to $185bn, suggesting either that new funds on the road are smaller than those closed, or that funds are generally lowering their target sizes.