Thirty four new private credit funds raised a combined $71.2bn in capital commitments in the second quarter of the year, more than double the figure raised in the previous three months, according to a report by Bloomberg.
Thirty four new private credit funds raised a combined $71.2bn in capital commitments in the second quarter of the year, more than double the figure raised in the previous three months, according to a report by Bloomberg.
The report cites data from industry research firm Preqin as revealing European managers stood out, attracting $33.8 billion, a nearly seven-fold increase compared to Q1, and close to the $36.4 billion raised by North American funds.
In Asia meanwhile, where the asset class is less established, funds raised $900 million.
