Private Wealth

NB Asset-Based Credit Fund is focused on receivables lending, consumer, small business and real asset sectors

Opening private markets to individual investors has brought concerns about liquidity to the fore.

ECRED, which was launched in late 2022 amid headwinds in the region, has reached a €2bn fundraising milestone.

Strong economic growth in Poland is creating space for private credit, alongside appetite from family offices and pension funds across the region.

Conference-goers at the BVCA’s secondaries conference mulled over the market’s future, with bifurcation at the heart of some predictions. Madeleine Farman of affiliate title Secondaries Investor was in the audience.

Manager expresses caution on tariffs, but notes private credit accounted for half of inflows.

Private credit is ideally suited to the burgeoning private wealth channel, say Oak Hill Advisors’ Alan Schrager and Eric Muller.

Private credit dominated inflows, while the firm raised $12bn from high-net-worth individuals.

Distinctions are becoming blurred as the asset class seeks to tap into the vast wealth market.

The firm said its fundraising shows there is strong demand for private credit among wealthy individuals.