Private credit woes aren’t dampening demand for alternatives, says Goldman Sachs Asset Management
Why investors remain happy with alternative investments, and how some opportunities are emerging in private credit, according to a leading Wall Street bank.
TL;DR
- 93% of alternative investment owners are happy with their investments, and 97% report performance meeting or exceeding expectations.
- Concerns about private credit, particularly software loans, led to a retreat but demand for alternatives remains robust.
- Investors are diversifying beyond private credit into private equity, infrastructure, and real assets.
- Opportunities are emerging in private credit due to widening spreads and moderating redemption requests.
- Regulators are considering measures to increase access to alternative investments for individual investors.
- Educated and familiar investors are largely unfazed by negative headlines regarding private credit.