The changing focus of European private debt

A recent roundtable revealed managers have new strategic priorities and different sources of capital to target.

What’s at the front of European private debt professionals’ minds today? This was the question posed to representatives from EQT, Patrimonium, Paul Hastings and Pemberton at PDI’s Europe roundtable. Below is a selection of highlights, with the full version to be found in our upcoming Europe Report.

Preferences are shifting, appetite remains strong

With Deloitte’s Alternative Lender Deal Tracker showing a 9 percent increase in direct lending deals and Europe’s share of global fundraising at 29 percent in 2018 (just shy of the 31 percent peak in 2014), the data suggest that LPs are continuing to view the continent...