Seven in 10 LPs responding to Private Debt Investor’s LP Perspectives 2021 Study would like to maintain or increase the number of managers they work with. But with covid restrictions making it harder than ever to access new GP relationships, investor appetite for diversification looks unlikely to be met, with the big private debt funds only getting larger.

The search for diversification
Most investors would like to increase the number of their fund manager relationships, but not because they are unhappy with their existing GPs.