Private Debt Intelligence – 3/28/2022
|March 29, 2022
Tighter lending policies in Australia spur private debt growth
Stricter bank regulations and tighter lending conditions in Australia in recent years gave rise to opportunities in private debt, and the asset class witnessed its fastest growth so far, with AUM growing 144% from December 2020’s $0.6bn to $1.4bn in 2021. Mezzanine debt continued to account for a majority (55%) of total capital raised of all time. Direct lending funds account for 36% of the deals and 25% of total sum raised at final close. The asset class will continue to grow as Australia’s super funds seek higher yields in an inflationary environment.
(Past performance is no guarantee of future results.)
Contact: Valerie Kor
valerie.kor@preqin.com

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