In sustainability and impact investing circles, discussion about private credit is intensifying. The tone of these discussions, as evidenced at recent conferences in both the US and Europe, ranges from frustration to hope.
“Private credit, in the US at least, has grown exponentially, and the amount of impact – or even sustainability that’s integrated into investment processes – is completely lacking from what I can tell,” said one allocator at affiliate title New Private Markets‘ Impact & Transition Investor Summit in New York in early November.