The growth of the private debt market has been concentrated among a few brand names, but are we starting to see new, more niche managers emerge with specialist strategies? Here we assesses the pros and cons of niche versus generalist funds.
Europe has provided slim pickings for distressed debt funds since the financial crisis. Yet with nearly €1trn of non-performing loans still held by the region’s banks, will 2017 herald a wave of opportunity?
It’s not only in established markets that private debt has seen rapid growth in recent years. Vicky Meek looks at how the asset class Private debt is also developing as an asset class in emerging economies.