Challenging notions of secrecy Read the column from Jiri Krol of the Alternative Credit Council here The Managed Funds Association has defended private credit against claims that it is guilty of a lack of transparency. One of the most contentious aspects of private credit is transparency – whether deserved or not, a perceived lack of…
Munich’s key talking points Read PDI’s Report: Golden age talk tempered by concern over recent vintages Stress, pricing pressure and resilience were among the characteristics of private debt referred to in the German city. This week, Private Debt Investor was hosting its annual Germany Forum in Munich. You can read here about our coverage of…
Hints of a fundraising revival Download PDI’s Report: Fundraising sees Q3 revival After a period of much-publicised struggles, fund managers seeking fresh capital have been given a shot in the arm by the latest figures. After a tough first quarter, private debt fundraising has picked up the pace through the rest of 2024 to end…
The LPs leading the charge Download PDI’s Global Investor 75 ranking: here For an asset class that appears to be so popular, investor commitments can seem puzzlingly modest. But our GI 75 ranking reveals there is some strong support out there. Most limited partners consider themselves under-allocated to private debt, according to the results of…
What goes up must come down With the interest rate environment once more the talk of the town, private credit is hoping for some pressures to be eased. Hot on the heels of our Private Debt Investor New York Forum last week came news that the Fed was slashing rates by 50 basis points…
Fundraising down, but interest is maintained While capital raising in North America struggled in the first six months of 2024, hopes are high of a strong finish to the year. North American fundraising during the first half of 2024 ran far behind the first half of 2023, according to the latest Private Debt Investor data….
Waiting for the specialty wave There are reasons why you might expect esoteric strategies to garner more investor dollars, but it may not be straightforward. Our Investor Report 2024 shows no obvious change in limited partners’ appetite for different types of private debt strategy. Direct lending has long been in favour and appears to remain…
Big and getting bigger: insurance in private credit Insurance companies are some of the biggest allocators to private credit already, but there is still a lot of room for the partnership to grow further. With insurance regulatory regimes varying between countries – and in the US, between states – and insurers having different needs and…
Under-allocations laid bare Limited partners have struggled to invest as much in private credit as they would like, as our new study shows. Having been through a period where the denominator effect and slower distributions combined to hamper their allocation efforts, limited partners now find themselves substantially under-allocated to private credit…. Subscribe to Read MoreAlready
Fundraising revival on hold There were some signs of improvement in the second quarter, but raising new private debt capital was still a struggle in the first six months of 2024. The first half of 2024 did not offer much consolation to those awaiting clear signs of a private debt fundraising revival. Private Debt Investor’s…