LPs want more private debt

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That’s the positive conclusion arising from our latest survey of investor attitudes toward the asset class.

Every year, Private Debt Investor conducts its LP Perspectives survey, in which we canvass limited partners around the world for their views on the asset class. What this year’s version tells us is that investors have private debt at the top of their priority lists for 2024.

Asked how much they were planning to invest in private debt over the coming 12 months compared with the previous 12, more than half (51 percent) said they were planning to commit more, with 41 percent planning to keep their commitment level the same and only 9 percent aiming for a decrease. This is the highest percentage looking to increase their allocations to private debt since 2020.