Private Debt Intelligence – 7/15/2024
Family office investors favor private debt
Read more in Preqin’s Insights+ Research Note: Private wealth’s path into US private debt
Family offices, which make up over a third of the private wealth entities, are showing a clear appetite for private debt strategies. In Preqin’s latest investor survey, 50% of family office investors said they expect to invest more capital in private debt in the next 12 months, and only 8% of these investors reported an intention to invest less. There is certainly room for family offices to include more private debt investment in their allocations. Allocations currently sit at around 4% for family offices in the US, and 3% for European and Latin American family offices.
Contact: William Bennett-Lynch
william.bennett-lynch@preqin.com
Latest news
Spread per turn of leverage tightened 5% for lower middle market
Lenders benefited from better risk-adjusted pricing for larger middle-market and large-cap deals in the third quarter.
Middle market debt held by BDCs vs High yield vs Treasury yields
The blue line shows BIZD’s dividend yield rising 130bps in a month to 12.9% as of 22 October, although most…
Single-B loan pricing faces renewed pressure in October; 150 bps gap to double-Bs
We noted in our monthly leveraged loan coverage how average new-issue institutional loan yields moved somewhat counterintuitively: single-Bs tightened 14bp…
