LPs keen to address under-allocations

The latest version of PDI’s Investor Report shows many investors have a long way to go to reach target exposures in private debt – but the intent is there.

Private debt, along with other alternative asset classes, found last year to be a tough one on the fundraising trail – with total capital raised falling to a seven-year low. However, neither surveys of limited partner sentiment nor our own conservations with investor groups indicate anything other than continued appetite to invest more in private debt.