PDI Picks – 1/21/2019

Underwriting’s influence on track record


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GPs’ documentation practices play an outsized role in private credit, and LPs should know whether they’re doing it well.

Limited partners put an almost unanimous emphasis on a potential general partner’s track record, with 97.6 percent of respondents in our annual PDI Perspectives 2019 investor survey saying it forms a major part of the due diligence process when examining potential funds in which to invest.