Buoyed by a spectacular fundraising year in 2018, Goldman Sachs has leapfrogged eight places to go from ninth to first in our PDI 50 ranking of the largest fundraisers in private debt based on a rolling five-year period. During that time, the firm has accounted for more than $43 billion of raised capital.
Rounding out the top five (in order) are Blackstone, Lone Star (last year’s top-placed firm), Ares and HPS.
The amount raised by the PDI 50 over the qualifying period this year reached more than $708 billion, up 8 percent on last year’s total and almost double the 2014 total.
As in previous years, North America-based firms continued to dominate, but those based in Europe and Asia are gradually making more of a mark.