As Europe’s private debt market continues to mature, investors are looking to capture opportunity and manage challenges. But how can the industry weather the next downturn when it finally arrives? E ven as economic growth has slowed in some of Europe’s key economies, the continent’s private debt market has maintained its strong momentum.
In 2018, deals continued to flow, with Deloitte’s most recent Alternative Lender Deal Tracker showing a 9 percent increase over the previous year in the volume for direct lenders.
And although fundraising was down last year on 2017, Europe’s 29 percent share of the capital raised globally was just shy of the 31 percent peak in 2014, according to PDI figures, which suggests there remains a strong appetite for European private credit strategies.
Discover more in the attached roundtable discussion published in Private Debt International October 2019 edition.