(Opalesque) Despite slowing growth, the private debt market continues to flourish and is expected to top $1.4tn within the next five years, said a report. Approximately $100bn was raised by private debt funds in 2015 and again in 2016, matching the high watermark previously seen in 2008, pointed out a report by Preqin in collaboration SEI, titled ‘Private Debt: Preparing for the Unkown’
Interest continued apace in 2017, as investors put almost $120bn into private debt funds. Assets under management skyrocketed from $245bn in 2008 to almost $667bn a decade later. They are projected to double again by 2023.