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DISTRESSED DEBT & SPECIAL SITUATIONS
SPOTLIGHT: LIMITED PARTNERS
SAID AND DONE
“When the cycle turns, debt will be affected, but likely to a lesser degree than the equity piece, hence including the strategy in a wider private markets portfolio”
Andrea Ash, investment director at RPMI Railpen, explains the pension fund’s focus on private debt
NUMBER OF THE WEEK
Burgiss data found that, on average, senior debt funds generated strong double-digit returns at the 10-year mark. They garnered a pooled 10-year internal return rate of 13.32 percent, net of fees, compared with the five-year average of 6.29 percent.