Democratisation

We examine the top takeaways from Private Debt Investor’s Japan Korea Week at a watershed moment for the global private credit industry.

According to some, the future is at stake (and perhaps be worried if your firm name begins with ‘B’), but there is little in the way of evidence that private credit faces a crisis that spans the entire asset class.

PDI spoke with the organisation’s founder and CEO Alex Davies about offering individual investors access to ‘opportunities that are just not available on the listed markets’.

As European private credit continues its growth trajectory, Michael Massarano of Arcmont Asset Management digs into what is required to stay ahead of competitors against a volatile macroeconomic backdrop.

Investors are looking to expand into new strategies and sector specialisms as focus on the continent intensifies.

European managers say that changes to fund structures are only the beginning of the continent’s retailisation trend.

The hedge fund and activist investor says it will target public and private BDCs at 30% or more discounts to NAV.

Co-chief executives Marc Lipschultz and Doug Ostrover are no longer using company shares as collateral for personal loans.