Loan Note: Evergreen funds on the rise as Partners attracts €2bn; Cliffwater challenges negative view of alternatives

Partners raises €2bn amid growing investor interest in evergreen vehicles. Plus: Cliffwater disputes that alternatives act as a drag on pension performance; and views on credit from the PERE Europe Forum. 

They said it

“The past twelve months have seen remarkable and consistent growth for the private credit secondary market, marked by multiple large-scale transactions”

Michael Schad, partner and head of Coller Credit Secondaries, commenting on Coller’s latest Barometer, which found two-thirds of investors expecting the volume of private credit GP-led transactions to increase in the next two to three years.

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