Opinion

Hopes high for PE-led deal recovery

There are reasons to believe the sponsor-backed private debt deal market may be set for better times ahead, though some headwinds persist.

Anxiety over defaults persists, but overall mood is positive

As 2025 is ushered in, investors are reasonably confident about private debt’s prospects – but concerned that some problems have been masked.

Private debt’s emerging manager problem

New GPs face a tough task to attract investor interest, but there are ways in which they can maximise their prospects.

Renewed confidence on the fundraising trail

Accumulating new capital has been challenging over the last couple of years, but LPs now have the inclination and ability to make greater commitments.

How far and how fast – all eyes on interest rates

The rate cycle has been a preoccupation of the private debt market for a while now. Initial assumptions of a smooth downward cutting cycle next year are being challenged.

For LPs, private credit inspires both frustration and hope when it comes to sustainability

Depending on which allocator you speak to, private credit presents either a promising way to invest with impact, or sustainability’s ‘humungous gap’.

All change in 2024

The past year has seen a major transformation of the private debt industry, shaped as much by world events as it has been by firms.

Will UK pension reform help alternatives managers?

The UK government wants to beef up its pensions sector to compete with the biggest players from the US and Australia.

Impact investing gets serious

Fundraising by private debt firms for impact strategies appears to be picking up, even as ESG integration into mainstream strategies may be declining.

The talent crunch demands attention

With private debt tipped to almost triple in size in the space of eight years, firms face a challenge on the recruitment front.