PDI 50: Showcasing the world's largest private debt investors

Who are the biggest private debt firms in 2017?

The private debt universe is expanding and to reflect that new reality we have expanded this year’s list – which until now has been the PDI 30 – to bring you our first PDI 50 ranking.

The fifth iteration – which lists managers by the total capital raised over the past five years – could not have come at a better time. Today, private debt stands at a crossroads in its short history. After staying on a virtually uninterrupted upward trend since the days of the global financial crisis, the industry has reached a point where the amount of capital raised is unprecedented.

Already, 2017 is on course to be a record fundraising year with $130 billion raised in the first three quarters of the year. Meanwhile, the top 50 biggest managers have seen their combined five-year total grow by nearly $100 billion to $640 billion.

Many of the names at the very top will be familiar, comprising firms that have managed to capitalise on their early success to forge a dominant market position. But the ranking also features plenty of new names, be they fast-growing private debt managers or well-established asset managers who have bolstered their exposure to the asset class.

Our methodology:

Our ranking looks at the world’s top private debt fund managers according to a very simple metric: how much capital was raised over the last five years for discreet private debt strategies.

Also see:

All PEI Rankings