Economy

In the keynote speech on day one, Cheng Khai Lim of the Monetary Authority of Singapore outlined some of the opportunities and challenges for the asset class in the region.

With banks once again in trouble across Europe and the US, private credit could offer a vital alternative source of funding, according to Fidelity International's Michael Curtis.

Following the turmoil surrounding the collapse last week of the 800-pound tech lending gorilla, Silicon Valley Bank, we examine some of the collateral damage.

The collapse of the bank has infused the market with uncertainty around the bank’s subscription line of credit business.

Macroeconomic developments seem to have taken a more positive slant, but the need to refinance will expose weaker credits in the end.

GPCA report says private credit reached a record, besting private equity and venture capital, largely due to distressed opportunities.

As technology businesses grew in favour, lenders adapted to a different type of financing – only to now see it come under scrutiny as interest rates rise and economic growth slows.

The coming recession will be a major test of how well European private debt funds have prepared for downside, says Triton Debt Opportunities' Amyn Pesnani.

Alternative real estate lenders are small in number but increasingly relied upon by an industry that the banks are withdrawing from. However, there are major difficulties in bridging the funding gap.

Report calls for structural change to address the ‘worrying’ size of aggregate global debt.