Allocations on the increase Our latest GI 75 ranking of private credit’s biggest investors shows allocations increasing, with pension funds and insurers dominant. Eight is the magic number. It is, in fact, the average allocation made to private credit by the institutions featured in this year’s version of Private Debt Investor’s Global Investor 75 ranking…
The rise of retail Private credit is still having much success raising capital from institutions, but it doesn’t stop the retail investor from taking the spotlight. On the face of it, private credit fundraising from institutions is going strong. Our latest data shows such fundraising hit a record high for the first nine months of…
Multi-regional funds and secondaries on the rise Two trends have emerged from our latest fundraising data to the end of Q3. The US is no longer the capital magnet it used to be. The April ‘Liberation Day’ tariffs were perhaps the biggest shock among the political turbulence that has been unsettling financial markets throughout the…
Fundraising puts on a surge in Q3 The Liberation Day announcement put the brakes on capital accumulation in Q2, but it’s come roaring back. Having looked on course for an average year of fundraising at the halfway mark, private debt managers are now on target to have their most fruitful 12 months of the last…
Notes from New York What’s on the minds of private debt professionals? Regulation, market conditions and distressed debt all had an airing at our recent industry event. We noted a few talking points from our recent PDI Network New York Forum: Private markets is in a “deregulatory environment”, according to Jillien Flores, chief advocacy officer…
Higher risk not always higher return Investors are mulling opportunities beyond direct lending but moving up the risk curve doesn’t guarantee better results. Direct lending dominated private debt fundraising last year – accounting for 65 percent of the total – prompting us to investigate in a recent Private Debt Investor cover story whether investors are…
The differing priorities of LPs and GPs Investors and fund managers have diverging priority lists according to a survey. The current fundraising environment has given rise to distinct challenges for market players and there is some misalignment between LPs and GPs on which issues are the most pressing…. Subscribe to Read MoreAlready a member? Log
Hints of LP support waning for US Up to the mid-point of this year, capital raising by US funds was still going strong – but LPs appeared to be edging towards geographic diversification. Given the ramifications of Liberation Day and a more volatile economic and political backdrop in general, talk has grown louder around whether…
Unrealised potential Investors are struggling to get as much invested in private credit as they would like, although there has been a surge in allocations from sovereign wealth funds. With three quarters of institutions under-allocated to private credit – according to Private Debt Investor’s H1 2025 Investor Report – there is a huge potential pool…
Senior debt loses its dominance The first half of this year saw investor commitments more widely dispersed in the asset class. In last week’s column, we examined the first-half global private credit fundraising figures and found that the total raised was consistent with the five-year H1 average, even though consistency was not a word associated…