As large private debt players grow, they’re eating their way into the mid-market, putting generalist mid-market firms at risk of being outcompeted or acquired. In this article, Cliona O’Faolain, Managing Director at Vistra Fund Solutions, explains how mid-market firms must lean into their specialisms to define themselves and survive in a more hostile and competitive market.
Octopus Investments has announced it is launching a private debt offering, as it looks to meet the needs of today’s institutional investors by unlocking private capital to solve the world’s greatest challenges.
Aviva Investors has added a private debt offering to its suite of long-term asset funds (LTAF).
Private debt continues to witness exceptionally strong demand from institutional investors with the sector comprising 20 per cent of all new manager searches in the 12 months to end-June.
Preqin’s Investor Outlook H2 2024 finds that almost half (49 per cent) of surveyed investors globally consider private equity to be overvalued, as of June 2024.
Regulatory and compliance issues are the most significant barriers to investment in private debt, according to 63 per cent of respondents to a Tradeteq survey of more than 200 finance professionals from the private debt and trade finance arena. Meanwhile, 86 per cent of trade finance professionals believe that trade financing will expand from banks and alternative lenders into embedded lending.
