What The Drop In Private Debt Fundraising Means For Attys

Law360 (February 27, 2019, 7:30 PM EST) -- Although the total capital raised for private debt funds dropped in 2018, there is still a strong appetite for the asset class, so attorneys need a firm grasp of the different types of funds and a clear understanding of potential issues.

A total of 163 private debt funds secured $110 billion last year, down from 189 funds worth $129 billion in 2017, according to data from research firm Preqin. While last year's figures are nothing to scoff at since they represent the fourth straight year that funds have collectively raised over $100 billion, there are a few potential troubling signs for...

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