Based on the search results, the investor base for private debt funds has changed significantly since the global financial crisis. Here are some ways in which the investor base has evolved:
- Increased institutional investor participation: Institutional investors, such as pensions, endowments, and sovereign wealth funds, have increasingly waded directly or indirectly into the private debt market 1 .
- Increased retail investor participation: Private debt funds have been marketed as an alternative asset and are increasingly accessible to individual investors 1 .
- Growing investor demand: Investor demand for debt funds is on the rise, as private debt offers an attractive alternative for fixed income investors who are confronting low yields, heightened market volatility, and rising interest rates 2 1 .
- Greater diversification: The investor base for private debt funds has become more diversified, with a mix of institutional and retail investors 3 .
- Greater scrutiny: Investors are placing greater scrutiny on private debt funds, with a focus on transparency, risk management, and performance 4 .
In summary, the investor base for private debt funds has changed significantly since the global financial crisis, with increased institutional and retail investor participation, growing investor demand, greater diversification, and greater scrutiny. As private debt continues to grow as an asset class, it is likely that the investor base will continue to evolve.