Private Debt Intelligence – 9/5/2022
More investors see opportunities in distressed debt
Global inflation, rising interest rates, and slowing growth are driving investor interest for distressed debt. After opportunities anticipated during the COVID-19 pandemic failed to materialise, investor interest in distressed debt dropped to just 26% of investors selecting the strategy as presenting some of the best opportunities in 2021. However, this has rebounded to nearly half, or 45%, of investors surveyed by Preqin in July this year seeing distressed debt as presenting the best opportunities in private debt. Investors still see direct lending as presenting the best opportunities in private debt, but this percentage has dropped from 54% to 46%.
(Past performance is no guarantee of future results.)
Contact: Valerie Kor
valerie.kor@preqin.com

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