News Digest: Top names in private credit enjoy lion’s share of fundraising

March 7, 2022

News Digest:

Private credit funds raised a record $193.4bn in new capital last year, up 14% from a year earlier, with the 10 biggest players cornering 42% of the 2021 corpus, according to Preqin’s latest Global Private Debt report.



The number of new successful fund launches in the space, as well as their combined fundraising, slumped to levels last registered in the early 2000s, the report revealed, suggesting a growing barrier to entry for fledgling managers.



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