Private debt fundraising dips in H1 but trend still strong, says Preqin
International investors’ interest in distressed debt has overtaken that of mezzanine — the previous favourite, according to the latest report from alternatives data firm Preqin. Overall, private debt fundraising levels fell back in the first half of this year, but the asset type is still seen reaching three-quarters of a trillion dollars in next 1-2 years.
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