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2021 sees highest number of European non-bank deals for a decade

In the UK alone, business, infrastructure and professional services regained top spot for deal activity in 2021 accounting for 29% of transactions, while TMT took a 20% share.

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Last year 785 direct lending deals were completed – an increase of 89% from 415 deals in 2020 – the highest number since Deloitte began tracking private debt markets in 2012.

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