What Does the Future Hold for Private Debt?
As it launches its Future of Alternatives report, Preqin has polled fund managers and investors to calculate predictions for the future of the industry in the next five years. The alternative assets industry is set to expand across all asset classes, with the private debt market set to double in size, reaching $1.4tn in 2023. In doing so, private debt will overtake the real estate market to become the third largest alternative industry, after private equity and hedge funds.