The private debt market has suffered during Q3 2020, with the number of funds closed falling compared to Q2. Investors have either faced difficulties in committing to new funds, or are waiting for the dust to settle. Despite the short-term impacts, the number of funds in market across private debt strategies is at record levels, and they are targeting record amounts of capital. Fund managers are expecting a range of investment opportunities across private debt markets as a result of the global pandemic.
Read our latest private debt industry update for a detailed look at fundraising, funds in market, investors, and performance & dry powder in the third quarter of the year.