Amid the global market downturn caused by the COVID-19 pandemic, many large and established private debt managers are seeking significant capital in anticipation of potential defaults. When combining distressed debt, special situations, and turnaround strategies, Preqin data shows that total dry powder in the distressed private capital space sits at an all-time record of $131bn as of June 2020.

This factsheet covers dry powder, assets under management, and fundraising across distressed private capital.