Five trends to watch in US private debt

The growth of speciality finance is helping to drive the market.

As investors look to diversify allocations beyond corporate direct lending, new strategies are emerging to push the US private debt market ahead in 2023. Here are five key trends to watch over the next 12 months.

1 Fundraising has slowed to a seven-year low

The latest PDI fundraising data shows just 84 credit funds successfully raised globally in the first half of 2023.