News
September 2024
Why are US Pensions Funds’ Allocation to Private Debt Falling Short of Target?
Atlanta, GA — In August, US pension funds struggled to meet their median target allocation to private debt, with the median target set at $188 million versus an actual allocation of $112 million. This shortfall highlights the difficulties in navigating the expanding landscape of private debt participants. Out of 117 pension funds analyzed, 75 fell short of their targets, 31 exceeded them, and 11 achieved their targets.
“Private credit as an asset class has developed relatively quickly over the last five years to what is now a very scaled asset class,” says Configure Managing Director Joseph Weissglass. ”It has been challenging for allocators to track the managers that are successful and look at the different strategies within private credit.”
To hear more of what Configure Managing Director Joseph Weissglass had to say about this topic, click here: https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/us-pension-fund-allocation-to-private-debt-falls-short-of-target-83224904
