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European managers say that changes to fund structures are only the beginning of the continent’s retailisation trend.

In the report: Global Market Survey 2026 – PDI takes a deep dive into the rapid rise of secondaries. GPs, LPs and advisers share their thoughts on the market; Expert analysis from industry leaders; And much more…

Whether diversifying a portfolio or rapidly putting capital to work, credit secondaries offer a vital new tool for investors.

The South Korean public pension fund is planning to invest $200m to $300m across debt funds in 2026.

The South Korean asset manager is looking at both infrastructure and corporate debt.

The Taiwanese family office is looking to allocate up to $4bn in the next five to eight years.

Inside: How credit managers are navigating the ‘SaaS-pocalypse’; Inside the co-investment trend – an 11-page special report; Plus, asset-based finance finds a role in commercial real estate portfolios; And much more…

In a challenging fundraising environment, co-investment is a strong bargaining chip for LPs – but it can create headaches for fund managers.

Souring customer relationships can have an outsized effect on future deals in what is a relatively small segment of the industry.

Co-investment offers fee benefits and an opportunity for greater selectivity, but due diligence can be demanding and co-investors need to consider that they will remain passive investors.