With LPs keen to address under-allocation to private debt, more than a third are now keen to increase the number of fund manager relationships they have in their portfolios. In all, 70 percent of private debt investors says they would like their roster of managers to either stay the same or increase in 2020, with only 7 percent looking to decrease the number they work with.
Alignment key as LPs seek more relationships
Investors seek out new managers but get tougher on diligence.
