Institutional investors love finding new niches that allow them to access new types of return, thus enabling them to diversify their risks. Marketplace lending, also known as peer-to-peer lending, is one that has recently piqued the interest of many.
“There are a lot of niche strategies in private debt that are starting to interest clients, looking to expand out of their base private debt portfolio and diversify over time,” says Garvan McCarthy, a principal in the Dublin office of consultancy Mercer.