Volatility equals high return dispersion

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Private Debt Investor’s quarterly performance data shows spikes in internal rates of return – both in an upward and downward direction – in periods of turbulence.

Over the last two weeks, this column has reflected on findings from our new proprietary quarterly performance reports. This week, we explore the topic of return dispersion in private credit, based on top, median and bottom quartile net internal rates of return (IRR).