PDI Picks – 7/17/2023

Are the storm clouds receding?

Chart

Private debt may be in the process of demonstrating its resilience in the face of the latest challenges.

One thing that studies consistently show – including our own Perspectives survey, see chart above – is that investors are still scrambling to access private debt. Tough times we may be living through, but nearly 90 percent of LPs appear keen to either increase their private debt exposure or keep it at the same level.