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Private Credit Investor Conundrums

January 2025
We believe there are three key challenges facing allocators in today’s evolving private credit landscape. These three issues are the growing popularity of evergreen fund structures, the difficulty of accurately assessing manager performance amid increasing dispersion, and the implications of ongoing manager consolidation across the industry. All these concerns speak to the need for deeper diligence beyond just fund-level returns. Download the paper to read the recommendations.