As interest rates rise and pandemic-induced government interventions wind down, private debt looks poised to fill the gap. Fundraising data from Q2 reflects this confidence, with the number of funds closed and aggregate capital raised up on Q1 2021. And with the asset class posting 5.5% annualized return for the year to December 2020, it's no wonder that investor appetite for private debt is increasing.
Read our latest private debt industry update for a detailed look at fundraising, funds in market, investors, and performance & dry powder in the second quarter of the year.