Regulatory support will be a key factor in developing the region's ever-growing private credit market.
Those in the market say royalty-based financing is definitely not ‘repackaged credit market beta’. But how is the alpha achieved?
Tariffs and 'higher for longer' interest rates were just some of the factors attributed to the market's ambiguous condition.
Continuation vehicles and trading desks are transforming the credit secondaries market.
Deals in the Netherlands have climbed steeply in the past five years.
The UK market accounts for almost three out of every 10 transactions across Europe.
From modest roots, credit secondaries is seeing increased fundraising and a greater variety of deals. However, some believe there are limitations.
Regulatory changes have opened up Germany’s private credit landscape over the past decade, with compelling returns for investors going forward, writes Jakob Schramm of Golding Capital Partners.
Strong economic growth in Poland is creating space for private credit, alongside appetite from family offices and pension funds across the region.
Europe’s strong track record for private credit is cause for celebration, even as increased competition for assets is driving a diversification trend across Europe.