PDI Picks – 2/10/2020

Private debt secondaries: On the cusp?

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Now a well-established part of the private equity universe, secondaries remain very much on the periphery of the private debt world. This seemed to be confirmed by Private Debt Investor’s recent LP Perspectives 2020 survey, which found that only 11 percent of investors who took part were planning to commit to private debt secondaries funds over the next year, compared with 60 percent who were not.