The Public Sector Pension Investment Board’s growing private debt portfolio has showed a 27.5 percent return over the one-year period ending 31 March, the firm said on Wednesday.
This represents more than double its 12.4 percent target return for the asset class, according to a statement. The one-year period – which PSP counts as fiscal year 2017 – marks the first full fiscal year that private debt platform has been in operation, the firm’s 2017 annual report showed.