LPs are choosing to stay positive For investors in private credit wanting to build up their allocations, criticism of the asset class is a sideshow – for now at least. “LPs shutting out the noise” was the theme of a recently published Private Debt Investor feature, which reflected on the positive sentiments of limited partners…

The challenge of retail capital becomes evident Private credit fund redemptions have put semi-liquid, evergreen funds firmly in the spotlight.  The three “Bs” – Blackstone, BlackRock and Blue Owl – have all found themselves at the centre of media coverage focused on investor redemptions. This in turn prompts urgent consideration of the suitability of private…

Strong performance in a dislocated world The covid pandemic saw high-quality assets with temporary difficulties being snapped up at discounted valuations. In this, the final reflection on our inaugural private markets performance quarterly report, we cast our minds back to a classic period of dislocation – the covid pandemic – and the impact it had…

Volatility equals high return dispersion Private Debt Investor’s quarterly performance data shows spikes in internal rates of return – both in an upward and downward direction – in periods of turbulence. Over the last two weeks, this column has reflected on findings from our new proprietary quarterly performance reports. This week, we explore the topic…

Dry powder presents a deployment challenge Hopes of a significant M&A upturn will need to be realised to address a growing capital supply and demand imbalance in private credit. While other alternative asset classes have had their fundraising struggles, those raising capital for private credit have almost never had it better. Our full-year fundraising figures…

Private debt performance: what the DPI data shows As part of a series of data-focused observations around private debt performance, we look at DPIs going back to 2010. PEI Group has harnessed its research and editorial strengths to begin producing quarterly Fund Performance Reports for all the alternative asset classes we cover – the first…

Credit secondaries take flight Secondaries is a part of the private credit market that gained momentum last year and shows no signs of slowing. This week has brought further evidence of the continuing rise of private credit secondaries, with French fund manager Eurazeo announcing a €480 million continuation vehicle backed by Pantheon…. Subscribe to Read

Investors still warming to private credit Our research finds more than half of LPs are wanting to increase their investment into the asset class. With the economic and geopolitical backdrop in 2026 continuing to be volatile – and, in some ways perhaps, becoming even more turbulent than last year – is there a danger of…

Insurers top of allocations table But our Investor Report finds that around two-thirds of institutions consider themselves under-allocated to the asset class. Public pensions may be the typical investor in private credit – accounting for 46 of the top 75 allocators to the asset class in Private Debt Investor’s annual Global Investor 75 ranking – but insurance companies are the ones apparently prepared to carve out the…

Senior debt fundraising falls from its peak Our data for private credit capital raising by strategy shows investors once again diversifying their commitments rather than concentrating them. At first glance, it appears that last year saw investors significantly re-align their strategic priorities when it comes to private credit. But a closer examination of the PDI…