Research & Data

Full PDI 200 2024 ranking and five key trends

A more challenging year on the road has seen a shake-up in our ranking of the biggest private debt fundraisers with big success stories and some disappointments.

BDC Manager Ranking 2024

The Private Debt Investor BDC ranking looks at the biggest managers of business development companies in North America, with rankings for both public and private BDCs.

Alternative Credit Council, EY: Private debt is a $3trn market

Survey of investors and managers points to interest in the asset class continuing to rise.

Configure: Private debt financing of M&A falls below 50% in Q3

Recapitalisations and refinancings surpass M&A, but investment banks expect a turnaround.

Bain Capital closes on special sits fund on $5.7bn

The latest fundraise beats its target and brings the second vintage of the strategy to $9bn.

Fitch: BDCs face ‘deteriorating’ environment in 2025

Lower portfolio yields and rising non-accruals are largest threats to BDCs’ performance.

Silver Point Specialty Credit Fund III closes on $8.5bn

The latest vehicle in Silver Point’s direct lending franchise, with leverage, was more than four times the size of its predecessor.

FCERA approves $250m debt allocation and $300m to $400m pacing plan

The Fresno-based pension fund maintains its 8% target allocation to private debt, sees reasonable IRR from those funds.

BC Partners Credit to acquire Runway Growth

Agreement, expected to close by end of 2024, gives BP Partners benefit of Runway’s expertise in ‘growth lending’.