As investing becomes more sophisticated, private credit becomes more segmented
December 05, 2016
PitchBook Dealmakers Column
As LPs look to find very specific allocations within private equity, they are also looking to deploy capital in private credit across the market to build diverse investment portfolios. Private credit has become only more attractive as an alternative avenue for allocations recently, given the levels of dry powder in more traditional PE strategies.
The challenge for institutional investors is that there’s a limited capacity of how much capital can be committed to the lower middle market because the overall investable asset pool is not as great as the larger company size market.
Click here for more analysis by Monroe Capital CEO Ted Koenig on private credit in the middle market as the industry continues to change.
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