Wed, Apr 24, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Private credit industry to reach $1tn by 2020: AIMA

Thursday, November 08, 2018

Laxman Pai, Opalesque Asia:

The size of the global private credit market is on course to break the $1tn mark by 2020 as the sector remains on track.

According to the new research on global private credit industry produced by the Alternative Credit Council (ACC), the private credit affiliate of the Alternative Investment Management Association (AIMA), while the fundamentals driving the growth of private credit remain strong, the factors supporting that growth are facing several tests.

The market remains extremely competitive with private credit managers working ever harder to compete for deal flow. This dynamic is evident in the continued pressure on deal terms, as well as the growing use of leverage in some parts of the market, it said.

The report said that private credit managers are mindful that we are getting ever closer to the top of the credit cycle, if not the economic one.

Private credit is a globally established source of mainstream finance for borrowers around the world. Managers are increasingly lending to a far wider variety of borrowers outside of the mid-market than ever before: from smaller businesses and startups, to larger corporations and infrastructure projects.

Nearly a third of all capital invested (by the respondents to this survey) supports non-corporate lending strategies, including asset-backed finance, trade finance, receivables, real estate and distressed.

Working with the borrowers

Borrowers can access......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Institutional Investors: Here's how much public pensions are in the hole by per U.S. resident, Swedish pension giant awards $1.5bn PE mandate, CalSTRS on lookout for private equity investment consultants, Baltimore Fire & Police commits to LaSalle value-added real estate fund, US, European institutional investors plan to pile into China's capital markets, survey finds[more]

    Here's how much public pensions are in the hole by per U.S. resident From Value Walk: A lthough some government agencies have demonstrated a desire to deal with the pension crisis, the problem of unfunded liabilities continues to get worse year after year. A new report pegs U.S. public pe

  2. YieldStreet acquires Carlyle-backed Athena for $170m to add art financing to its alternative investment platform[more]

    Laxman Pai, Opalesque Asia: Yieldstreet, a closely held digital wealth management platform, acquires Athena Art Finance from Carlyle Group and co-investors in a deal valued at $170m. With this acquisition, YieldStreet, which raised $62m in February to further open to a wider base of investors

  3. Europe: KKR strikes hedge fund gold with British billionaire pair, Net outflows continue at Swiss asset manager GAM, Swiss fintech launches hedge fund platform, Cash-flush buyout firms target Europe in take-private scramble[more]

    KKR strikes hedge fund gold with British billionaire pair From Bloomberg: A pair of 200-year-old wooden elephants adorn the London lobby of one of the financial world's biggest beasts. The carvings guard the Chelsea office of fast-growing $39 billion hedge fund Marshall Wace. Co-foun

  4. News Briefs: DE Shaw to revert to '3 and 30' model as cost pressures bite, Lyft's IPO disaster is good news for tech IPOs, Jones Zafari group: The 'virtual family office' comes of age, The rise of 'super carry' unsettles private equity investors[more]

    DE Shaw to revert to '3 and 30' model as cost pressures bite From FT: DE Shaw is ratcheting up the cost of its flagship $14bn hedge fund despite falling fees across the asset management industry, highlighting the still-ravenous demand enjoyed by top quantitative investment groups.

  5. Performance: BlueMountain was one of the biggest losers of the first quarter[more]

    From Institutional Investor: BlueMountain Capital Management - the hedge fund firm fighting a proxy battle over the future of bankrupt California power company PG&E - has another problem.Its main fund, BlueMountain Credit Alternatives, is down 4 percent for the year through April 5, according to HSB