Fundraising activity has seen a solid return to form over the course of 2021 as the effects of the covid-19 pandemic begin to fade. As of the end of Q3 2021, private debt managers raised a total of $149.6 billion, well ahead of the same period of 2020 and on an equivalent level to both 2018 and 2019, according to the PDI Fundraising Report Q3 2021.
What’s behind 2021’s fundraising rebound?
Fundraising saw a strong recovery in 2021 according to the latest PDI figures, but LPs are increasingly drawn to larger funds.
