Fund Management

It remains to be seen how successfully direct lending can navigate current headwinds. LPs with heavy exposures may welcome the rise of asset-based finance.

With co-investments and other capital, the manager has beaten its billion-dollar target for the flagship strategy.

Borrowers include both sponsor and non-sponsor backed companies across North America.

As the US raises up trade barriers, will Europe become a new land of opportunity?

‘We could have accepted more capital,’ Emaad Sami tells Infrastructure Investor, but with an additional €400m raised for co-investment and side vehicles Schroders decided on a final close.

West Street Asia Private Credit Advisors was registered in Luxembourg last month, according to public filings.

‘Resilience’ is a word frequently used when describing how private debt has responded to previous challenges. How’s it shaping up in response to the current economic and political backdrop?

Spread compression and lack of dealflow are among the concerns, but there is hope of an improving picture as the year progresses.

As managers assess tariff impacts, sectors such as healthcare and business services are seen as safe bets. Meanwhile, domestically focused businesses may stand to benefit from the decline of globalisation.

The region still has economic and geopolitical challenges but, with negative sentiment around the US, has an opportunity to grow its share of the private debt market.