Scrutiny of ‘liquid’ private credit grows Investor redemptions have created some negative headlines around the asset class, with concern focused on fund structuring. Private credit’s evergreen challenges are the fault of poor design or marketing, rather than an inherent issue with the underlying asset class. That was the message for attendees at the Milken Institute…
Fundraising shows signs of weakening It’s only the first quarter, but there are indications that macro events may be taking something of a toll on capital-raising efforts. With just a week to go until the release of Private Debt Investor’s Q1 2026 Fundraising Report, initial figures indicate that fundraising in the first quarter will fall…
LPs are choosing to stay positive For investors in private credit wanting to build up their allocations, criticism of the asset class is a sideshow – for now at least. “LPs shutting out the noise” was the theme of a recently published Private Debt Investor feature, which reflected on the positive sentiments of limited partners…
The challenge of retail capital becomes evident Private credit fund redemptions have put semi-liquid, evergreen funds firmly in the spotlight. The three “Bs” – Blackstone, BlackRock and Blue Owl – have all found themselves at the centre of media coverage focused on investor redemptions. This in turn prompts urgent consideration of the suitability of private…
Strong performance in a dislocated world The covid pandemic saw high-quality assets with temporary difficulties being snapped up at discounted valuations. In this, the final reflection on our inaugural private markets performance quarterly report, we cast our minds back to a classic period of dislocation – the covid pandemic – and the impact it had…
Volatility equals high return dispersion 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…
Dry powder presents a deployment challenge Hopes of a significant M&A upturn will need to be realised to address a growing capital supply and demand imbalance in private credit. While other alternative asset classes have had their fundraising struggles, those raising capital for private credit have almost never had it better. Our full-year fundraising figures…
Private debt performance: what the DPI data shows As part of a series of data-focused observations around private debt performance, we look at DPIs going back to 2010. PEI Group has harnessed its research and editorial strengths to begin producing quarterly Fund Performance Reports for all the alternative asset classes we cover – the first…
Credit secondaries take flight Secondaries is a part of the private credit market that gained momentum last year and shows no signs of slowing. This week has brought further evidence of the continuing rise of private credit secondaries, with French fund manager Eurazeo announcing a €480 million continuation vehicle backed by Pantheon…. Subscribe to Read
Investors still warming to private credit Our research finds more than half of LPs are wanting to increase their investment into the asset class. With the economic and geopolitical backdrop in 2026 continuing to be volatile – and, in some ways perhaps, becoming even more turbulent than last year – is there a danger of…