Claire Coe Smith
Several big hitters are now in the market with ambitious opportunistic credit strategies, hoping to capitalise as LPs turn away from conventional distressed plays. So, what has prompted this change of tack?
Opportunities are opening up for private credit investors in markets such as India and Australia, but domestic banks are fighting back in Southeast Asia.
The headline figures may look grim, but sentiment is becoming more optimistic on APAC private debt.
LPs want a greater number of co-investments, not least because the economics are typically much more attractive.
Investor appetite for emerging managers appears to be declining.
Investors are spending more time finding out as much as possible about their fund managers.
A record one-in-five LPs are planning to invest in private debt secondaries.
Rates hikes, recession and inflationary pressures continue to weigh heavily on the minds of LPs.
The Private Debt Investor LP Perspectives 2024 Study finds investors in a confident mood despite the macro challenges all around.
Investors are looking to private debt opportunities amid strong returns.