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Claire Coe Smith

Standing out from the crowd requires a solid understanding of what sponsors are looking for.
M&A activity looks set to finally rebound in 2024, with lenders reporting a strong start to the year.
Junior debt is helping to bridge pricing gaps and refinance stretched capital structures.
Fundraising and deal volumes are down but there were clear signs of a rebound in Q4 2023.
Sweden accounts for almost half of the deals done across the region.
PDI Distressed 2022 cover art
The European mid-market is proving fertile ground for more complex capital solutions.
The only major European market that saw deal volumes rebound past 2021 levels.
Fundraising and deal volumes show signs of picking up after falling sharply in 2023.
Europe’s largest direct lending market has decreased by 43% in volume over the past two years.
With just five funds that focus on the German private credit market raised since 2019, GPs need to choose the right niche.
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