Adams Street survey finds an expectation of growing allocations from individual investors despite limited awareness of private equity and credit structures.
Primary Wave’s fourth and largest such fund exceeded its original $1.5bn target fundraise and hard cap.
Infrastructure debt is increasingly popular among LPs, particularly those with more established credit portfolios.
The hedge fund and activist investor says it will target public and private BDCs at 30% or more discounts to NAV.
Four factors weigh on the sector: leverage, redemptions, asset quality and the risk of obsolescence by AI.
The UK insurer is talking to managers of collateralised loan obligations as it eyes new areas of private debt. It's also active in fund finance.
The firm’s chief operating officer told a Moody’s conference, however, that ‘if you need the money to live on, it’s not appropriate’.
‘Asymmetry’ of information and lack of look-through are preventing some investors from participating, according to speakers at the Private Debt Investor Tokyo Forum.
While the retail investor flight from private credit garners the majority of coverage, institutions are staying put.
The proportion of capital raised by secondaries funds in Q1 has exceeded that seen in 2025.