Private Debt Intelligence – 5/22/2023
North America attracts lion’s share of private debt fundraising in Q1 2023
North America emerged as the leading region for private debt fundraising in the first quarter of this year. A total of 17 funds with a North American focus raised $29.4bn, overshadowing the next most popular region, the nine Europe-focused funds that raised $5.5bn. Taking a closer look at North America-focused funds in Q1, the average capital raised smashed previous records, hitting $2.1bn. This is a 130% increase compared to Q1 of 2022. The long-term average for first quarter North America focused PD fundraising, measured from 2013 to 2023, is $853.3mn.
(Past performance is no guarantee of future results.)
Contact: Caroline Rolle
caroline.rolle@preqin.com
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