The global economic shutdown triggered by COVID-19 has put the North American private debt industry to its first major test. Top of mind for industry professionals right now is how the US private debt market is likely to fare. Looking back, what lessons can be learned from the global financial crisis that are relevant today? What lessons are emerging as a result of COVID-19? And looking forward, how might the industry evolve?
To help answer these questions, Preqin compared GFC-era data and Q1 2020 data across key metrics such as fundraising, deals, and performance. They also spoke with industry experts who offer valuable insight into how the market has changed since the GFC – and what that might mean for the future.
