Debtwire Private Credit Forum Europe 2026

location_on The Peninsula, London Map
17 Jun

Allocator priorities as European credit stress heightens

As European credit stress heightens, LP allocations have evolved beyond the traditional focus on direct lending to become more selective, more senior secured and in more defensive sectors. Investors are also increasingly shifting toward asset‑backed strategies, specialised credit verticals and structurally innovative fund formats. Amid heightened competition for deployments and a rising emphasis on durability of returns, allocator discipline around manager selection has never been more pronounced. 

  • How are LPs approaching asset‑backed finance?  
  • As investors look to diversify away from corporate credit cycles, what frameworks are allocators using to assess risks, underwriting quality and collateral resilience across ABF strategies? 
  • What’s driving LP interest in evergreen, semi‑liquid and hybrid structures?  
  • What truly differentiates a manager today? What are LPs prioritising when selecting or re‑upping with managers in a crowded market?

Growing demand for evergreen structures

The panel explores the increasing pipeline of institutional evergreen funds, discussing the operational and deployment benefits for both LPs and GPs, while cautioning that structure terms and liquidity provisions remain critical considerations.