Fundraising

Analysis of fund close data found that vehicles valued at under $250m have seen a rapid decline since 2024.

The firm also reported a high re-up rate for its latest flagship European credit vehicle.

The firm secured its largest fundraise to date to provide credit to early stage and growth businesses.

The firm’s third vintage in its Asia credit strategy is thought to be targeting $1bn.

As fundraising has slowed and exits become harder, fund finance in the region has never been busier, with GPs increasingly tapping into sources of liquidity.

Despite record-breaking H1 fundraising activity, infrastructure and real estate credit funds are largely absent from the total.

Clean energy debt fund’s fourth vintage alone, on first close, adds over $1bn to total; more jurisdictions widen originations pipeline.

Despite a strong start to the year, totals for 2026 are set to fall short of the record-breaking sum seen last year.

Our PEI Private Credit 200 ranking shows capital raising increasing overall – and accelerating especially fast for the largest fund managers.

The Texas-based firm said lower mid-market businesses in Europe are facing a significant funding gap.