Private Credit Q2 2026: Preqin Quarterly Update

After a softer Q1, the second quarter of 2026 saw closed-end private credit fundraising bounce back

• A surge in Q2 2026 closed-end private credit fundraising meant total capital raised in H1 2026 set a new record for first-half fundraising in our data

• North America retained its prominence in the fundraising mix after Europe closed the gap between the two regions somewhat in 2025

• Despite concerns among some market participants about credit markets, investors remain constructive on the asset class and retain their allocations and strategic positioning