The limited availability of bank finance in Poland has created an active market for private debt funds in the past year, according to Marcin Leja, managing director at regional private credit provider CVI. A shortage of bank lending caused not only by increasing regulation but by the impact of government-mandated mortgage holidays that cost banks billions of euros has created plenty of additional space for private debt.

Regional Debt Guide: Private lenders find space in Central and Eastern Europe
Western GPs are honing in on the region and looking to open offices in Warsaw.