It’s a dilemma facing many a billionaire. Where do you turn when your investments are buffeted by volatile equity markets? Increasingly, it seems, to private credit.
After a slower 2016, fundraising in the asset class bounced back in Q1 as high-net-worth individuals and family offices increasingly found reasons to fit debt into their portfolios.
Rich pickings
Both advisors and managers say there are opportunities in the retail market for illiquid products.