An interesting recent piece of research by the ACC confirms are experience in hiring in the investment space for private debt. According to the findings, 68% of survey respondents plan to increase their lending in the SME/mid-market space, despite the sense that this core market is suffering from saturation. Distressed debt, real estate and asset-backed lending are among the other more popular growth strategies. This is certainly my experience given the amount of hiring I am doing in this space currently.
Research conducted by the Alternative Credit Council (ACC), together with global law firm Dechert, has found that private credit is expected to continue to expand across both existing strategies and into new markets. This research, published in the duo’s fifth annual Financing the Economy paper, draws together insights from 30 industry leaders and data from 60 firms managing close to $400 billion in private credit assets and identifies key trends that will define the future of private credit.