Download PitchBook’s Report here.
The Private Debt Barometer currently holds a stable, slightly positive score of 53, with a nowcast of 2.6% and a desmoothed nowcast of 2.9% for Q2 2025. These readings are driven primarily by performance in public equity and credit indexes, market volatility, Treasury yields, and broader macroeconomic factors. Current indicators point to relatively healthy fundamentals for private debt returns.
(Past performance is no guarantee of future results.)
Contact Garrett Black
Latest news
Software, consumer-related direct lending deals fell in H1'26
August 13, 2026
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.
Unconquered Territory
August 12, 2026
With most of the map still unexplored, there’s room for a sequel.