Private Capital

Despite the past year’s economic challenges, the investment-grade private placement market has held up well. Covenant protections and the senior position of private placement lenders within the capital structure can help provide critical risk protection. We believe this market continues to fit well with the intermediate to long-term focus of insurers and other investors, such as defined benefit pension plans. Looking ahead, MetLife Investment Management’s experts see positive signs, including healthy demand and robust new issuance of private credit.