Institutions bought more private credit as individuals balked, filings show
Institutional investors broadly raised their exposure to some of the private credit funds that have been battered by growing risk aversion during the first three months of the year, according to a Reuters analysis of filings with U.S. securities regulators.
➤ Institutional investors increased their exposure to private credit funds in Q1 2026, despite growing risk aversion. ➤ Major alternative asset managers like KKR and Blue Owl noted renewed institutional interest in direct lending, seeing an improved risk-reward ratio. ➤ While individual investor interest may have waned, filings indicate a significant number of institutions initiated new positions in private credit vehicles.
