The shifting ESG agenda Our A-Z of ESG report asks what constitutes an effective policy for private debt managers in today’s world. When we surveyed fund leaders earlier in 2022, there was overwhelming agreement that a stronger environmental, social and governance vision and culture creates value for a business. The ESG agenda has, as one…

The funds keep flowing There may be challenges around the corner, but the PDO 100 ranking of top capital raisers shows LPs have lost none of their appetite for private debt so far. There are those who predict tougher times in 2023 for those private debt managers on the fundraising trail. But our latest version…

Investors fix gaze on Asia-Pacific As private debt matures, under-developed markets in Asia and Europe are expected to come into their own. In a newly published report on the state of private credit, the Alternative Credit Council foresees the growth of private credit beyond the favoured markets of the US and UK. Many of the…

Mixed signals for private markets A couple of surveys imply contrasting views on the attractiveness or otherwise of private asset classes. Family offices are strongly favouring private markets over public markets, according to a survey from Moonfare, a digital private equity platform, and Global Partnership of Family Offices, a UK-based association…. Subscribe to Read MoreAlready

Priorities for the future PDI’s recent Future of Private Debt report highlighted a number of key issues raised by sources in the market. Here’s a selection of them. LPs want more flexibility in terms of fund structures: Fund managers report that investor appetite for more flexible open-ended fund structures in private debt is gathering pace….

Fundraising weathers the storm – for now Our latest data shows capital raised by private debt fund managers continues at a consistent level, despite multiple headwinds. It’s now an uncertain time for private debt fundraising as investors confront the volatility of the economic and geopolitical climate as well as, in many cases, overallocations to private…

Investors gravitate to Asia-Pacific In the face of the global headwinds, this is one part of the world that appears to be looking relatively attractive. Since beginning to gather momentum in the aftermath of the global financial crisis, fundraising for Asia-Pacific private debt reached a record high last year of $11 billion. Although this is…

Caution and sense of opportunity among Europe’s LPs At our recent PDI Europe Summit, investors were considered hesitant to commit new capital but recognised good deals are there to be done. Fundraising has been something of a struggle for Europe’s GPs, as indicated by the chart above. However, there was a sense at a recent…

Europe’s private markets step into the gap Dealflow was strong in the first half as the refinancing trend gathered pace. Despite unprecedented macroeconomic uncertainty, private credit funds in Europe enjoyed the busiest Q2 on record this year as they executed 216 deals, compared with 154 in the same period of 2021…. Subscribe to Read MoreAlready

The UK: room for optimism but concern growing While dealflow remains strong, lenders are cautious as we head towards the end of the year. Figures from Deloitte’s Alternative Lender Deal Tracker show the UK debt market is still the most active private lending space in Europe, accounting for 111 out of the 395 deals on…