Pemberton Asset Management on multi-strategy solutions and new frontiers in private credit

Thomas Duetoft, partner, senior portfolio manager and multi-strategy solutions lead at Pemberton Asset Management, highlights the factors driving more diverse investment opportunities for LPs.

This article is sponsored by Pemberton Asset Management

How has private credit evolved in recent years?

Thomas Duetoft

Private credit has undergone remarkable growth and transformation in recent years, evolving from a niche alternative asset class into an important component for institutional portfolios. Historically, private credit was primarily about direct lending, providing unitranche loans to mid-sized companies, which, as a result of banks withdrawing from the mid-market, couldn’t access traditional bank financing.

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