Insurers top of allocations table

Chart

But our Investor Report finds that around two-thirds of institutions consider themselves under-allocated to the asset class.

Public pensions may be the typical investor in private credit – accounting for 46 of the top 75 allocators to the asset class in Private Debt Investor’s annual Global Investor 75 ranking – but insurance companies are the ones apparently prepared to carve out the biggest slices of their portfolios.