Wed, Jan 22, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Luxembourg: private debt fund AuM grows 40% in two years to $61.7bn

Monday, December 02, 2019

Laxman Pai, Opalesque Asia:

The private debt fund market in Luxembourg has steadily grown over the last few years and 2019 is no exception. Total assets under management (AuM) has increased by 40% in two years - from EUR 40 billion in 2017 to EUR 56 billion ($61.7bn ) as of June 2019.

"These numbers reflect the debt fund market's success, which we expect to continue in the coming years," said KPMG Private debt fund survey 2019.

One interesting revelation from this year's survey is that the percentage of loan funds set up as reserved alternative investment funds (RAIFs) has rocketed.

While specialized investment funds (SIFs) still dominate the market at 71%, 20% of funds were set up as RAIFs as of June 2019 compared to 13% in 2018. Meaning that the number of RAIFs in the private debt fund market has almost doubled in only a year!

"The regulatory reform agenda has continued its steady advance. Today's landscape reflects current policy priorities: financial stability and systemic risk, maintaining an open and well-functioning EU financial market and promoting sustainable finance. Debt fund managers should keep a close eye on regulatory developments as they will likely impact the industry," said David Capocci, Head of Alternative Investments.

Most funds range up to EUR 50 million in size. Notably, mid-size funds - i.e. those with a net asset value of between EUR 200 million and EUR 500 million - represent 24% of the total number of loan fu......................

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. Siguler Guff closes Small Buyout Opportunities Fund IV at $1.58bn[more]

    Laxman Pai, Opalesque Asia: Private investment firm Siguler Guff & Co. has raised $1.58bn for a fourth fund - Small Buyout Opportunities Fund IV - to invest with small buyout managers and directly in their portfolio companies. The New York-based multi-strategy private equity investment firm

  2. J.P. Morgan makes strategic investment in tech company for alternatives[more]

    Laxman Pai, Opalesque Asia: J.P. Morgan has taken an equity stake in Arcesium, an investment-management technology business that D.E. Shaw & Co. launched as an independent company in 2015. New York-based Arcesium LLC is an investment management technology and services firm, offering services i

  3. People: Hedge fund godfather Lord Fink to chair HSBC backed tech start-up Bud, Swiss investment boutique appoints CIO & CCO[more]

    Hedge fund godfather Lord Fink to chair HSBC backed tech start-up Bud From Standard: Hedge fund tycoon Lord Fink has been named chairman of bank software start-up Bud, which is backed by HSBC and Goldman Sachs. Fink, dubbed the "Godfather of hedge funds" for his role at Man Group, inves

  4. Legal: Hedge-fund Felon hid criminal past to woo crypto investors, U.S. charges, Partners Group sued over alleged breach of non-disclosure agreements[more]

    Hedge-fund Felon hid criminal past to woo crypto investors, U.S. charges From Bloomberg: A Toronto man who served time in prison after his hedge fund collapsed later concealed his identity and criminal past to defraud investors of $30 million through an initial coin offering of digital

  5. Regulatory: Woodford fund shows vulnerable side of shadow banking, regulator says, A new framework for Cayman's regulatory regime for investment funds[more]

    Woodford fund shows vulnerable side of shadow banking, regulator says From Reuters: The closure of the Woodford fund in Britain showed how the $184 trillion shadow-banking sector can be vulnerable even in normal market conditions, the Financial Stability Board (FSB) said in a report on