Distressed debt remains a favorite among allocators, with investors believing it will present the second most opportunities of all private debt strategies in the new year. However, the current macroeconomic environment, with its slow growth and rising interest rates, suggests the tide could be turning.
Download Strategy in Focus: Distressed Debt to understand the opportunities that currently exist in distressed debt, as well as the outlook for the strategy, according to investors surveyed by Preqin.