As private credit is raking in records amount of cash, most LPs are looking to invest even more, a company survey found.
The $1.7 trillion private credit market has had a stellar year.
The buying spree comes as the leveraged buyouts that are often financed by private credit have been drying up.
Fund managers in this market are often valuing their loans more generously than others do.
Banks have begun trying to win back deals away from private lenders by sweetening terms and cutting pricing.
The company sees a rift in valuations between buyers and sellers.