Chasing Yield In Special Situations
By Bill Brady
The global private debt industry marked a banner year in 2017. As noted by PDI, total fundraising reached a new record of $187.5 billion and several asset classes set individual fundraising records. Although Q1 2018 fundraising slowed with $37.1 billion raised – annualizing at $148.4 billion, it still represents the second-highest annualized amount on record.
This article was originally published in Distressed Debt & Special Situations Report