Private Equity Firms? More Like Private Debt Providers
Lending occupies more and more of PE companies’ attention, per a new PitchBook Report.
Lending occupies more and more of PE companies’ attention, per a new PitchBook Report.
Private debt, private equity and infrastructure lead the list in Preqin survey.
Factor in risk adjustments and fees, and this fast-growing asset class’s high returns get whittled down, an academic paper finds.
A pair of global lenders have disclosed bad private credit deals in recent weeks, spotlighting the need for due diligence in the sector.
Consulting firm Oliver Wyman predicts even greater use of this category of debt.
Yields are high, and well-fixed institutions back them, but what happens in a recession?
AUM growth decelerates and fundraising softens, Preqin reports.
Investors in the in-vogue asset class hope that rising yields will boost their take.
Public equities and private debt were the top performers for the fund’s $462.8 billion portfolio.
The popular investment may suffer from an economic dip and other changes in the financial scene, critics warn.
Direct lending is projected to fare better than syndicated loans and junk bonds.