The Pulse of Private Equity – 1/25/2021

-6.2% Q1 performance for private debt


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Private debt performance struggled in Q1, according to PitchBook’s just released Global Private Debt Report. Globally, private debt funds recorded a 6.2% drop in IRR in the first quarter. While not surprising, it was the worst quarterly performance since the financial crisis, when reliable performance data for the strategy didn’t exist yet.