PDI Picks – 3/18/2024

LPs follow the pack

Our research indicates investors are keeping faith with mainstream strategies – at least for now.

Conservatism appears to be the driving force for many investors in private debt, our LP Perspectives 2024 Study suggests.

When it comes to fund strategy, direct lending has long been the most favoured option for investors – and nothing in our latest test of opinion suggests that is likely to change any time soon. Nearly half (45 percent) of investors plan to invest more in direct lending in the next 12 months than the last 12, with mezzanine and distressed debt/special situations the next most popular options at less than 20 percent.