Global private debt fundraising and deal activity in 2019 were significantly lower than in 2018, according to market researcher Preqin.
In its report on private debt activity in 2019, Preqin recorded just 152 funds that reached a final close during the year. They secured about $107 billion, 11 percent down from the year before, and the lowest annual total since 2014. That is markedly lower than the 210 funds that raised $120 billion in 2018.
