Research & Data

BDC Manager Ranking 2025

The Private Debt Investor BDC ranking looks at the biggest managers of business development companies in North America, with rankings for both public and private BDCs.

ESG: A gap between reality and perception

Climate risk, DEI and other sustainability factors are still a focus for many investors – and GPs, it seems – despite the recent backlash against ESG, shows our LP Perspectives 2026 Study.

LPs take a closer look at emerging managers

Amid a muted exit environment, investors are increasingly considering changing their approach to backing new funds, our LP Perspectives Study 2026 reveals.

The next frontier for credit secondaries

While the private debt secondaries market has the potential to outstrip its private equity equivalent, portfolio due diligence is becoming more important than ever, our LP Perspectives 2026 Study finds.

Download PDI’s 2026 Perspectives study

In the report: Our annual survey of investors – find out what their priorities are for the coming year, their top concerns and how they feel about everything from AI to credit secondaries; Plus expert analysis from industry leaders…

LPs have mixed feelings about AI

While some investors feel positive about AI’s impact on operations, others remain cautious and are closely monitoring their GPs’ use of the technology, our LP Perspectives Survey 2026 finds.

LPs are set to upend the status quo

Respondents say private debt performed well against benchmarks in 2025, despite macro uncertainty, with the vast majority set to raise or maintain their allocations.

Evergreens are attractive, but LPs aren’t rushing into anything

Semi-liquid strategies can provide benefits to LPs, but they aren’t a one-size-fits-all solution, shows our LP Perspectives 2026 Study.

The private credit diversification trend

Investors prioritise asset-based finance and special situations as direct lending margins come under pressure, our LP Perspectives 2026 Study shows.

LPs drill down into GPs’ long-term resilience

When it comes to fund due diligence in an uncertain market, investors are upping their focus on commercial fundamentals and talent plans, our LP Perspectives Survey shows.