Korean LPs stick to private debt amid market uncertainties
Jihyun Kim
Feb 01, 2024 (Gmt+09:00)
South Korean limited partners will tap private debt as their most preferred asset class in 2024 to secure stable income amid geopolitical conflicts and market uncertainties, a survey showed. Direct lending, a float rate loan for mid-market companies, has remained their top debt strategy since 2017, the survey found.
The Korea Economic Daily conducted the survey in December 2023. A total of 15 institutional investors – five pension funds, three mutual aid associations and seven insurers, ...