Posted on 01 September 2021
PDI: Private Debt Roars Back to Life
Barely 18 months after the US economy seemed to be imploding, market conditions have rebounded spectacularly. PDI recently spoke with Greg Myers, Group Sector Head of Debt & Capital Markets, and five other industry leaders about the bounce back and frenzied deal-making environment.
“We have seen some large managers put together more liquid senior debt pools and evergreen funds that provide liquidity over time but still have that called capital model for initial periods to get larger allocations for more retail-based investor representatives, or RIAs,” says Greg. “Overall, the market is becoming a little bit less dominated by institutional investors. The challenge is how to solve for illiquid assets for investors that require more liquidity for redemptions, when needed.”
Download the complete roundtable discussion below or read PDI’s full US Report here (subscription required).