You will already have read plenty about what a volatile year it’s been so far, and about the multiple reasons why. So it was arguably no surprise that private debt fundraising produced a violent swing of its own – plunging from a record high of $109.5 billion last year to a low of $15.4
Why it shouldn’t be assumed the feast is over
The first-quarter fundraising figures for private debt showed declining appetite from LPs, but they may have just been resting between courses.
