ACC set to publish private credit research

By Jiri Krol, Deputy CEO, Global Head of Government Affairs, ACC

Published: 25 September 2017

Since 2015, the Alternative Credit Council (ACC) has been tracking the state of the global private credit industry with our annual Financing the Economy paper. During the last three years we have seen private credit go from an industry primarily based in the US to a more established source of finance globally. The 2017 edition of our research paper, launching on October 4th, reaffirms those trends and reveals how the private credit industry is adapting to its newfound status.

The Financing the Economy series is built on the insights of leading private credit managers around the world. This year it has also been reinforced by a contribution from our partners at law firm Dechert LLP. The paper examines the industry as a whole, from how funds are structured to the types of borrowers private credit managers prefer.

This year’s paper finds an industry in a state of change. Private credit is now entrenched in regulatory frameworks around the world; as it has expanded geographically so too has the size of its assets under management. The demand for private credit, from both borrowers and investors, is clearly still growing.

The growth of the industry has also brought stronger competition. This year’s research finds private credit managers using new, innovative strategies to keep ahead of their peers in the race to secure lending opportunities.

For the first time we also included Asia Pacific in this year’s examination of the state of private credit in different regions around the world. This is a recognition of the private credit industry’s increasing importance in Asia Pacific, as well as of the enduring regulatory challenges the industry faces in the region. With the help of our partners at Dechert we analysed the market conditions for private credit in the most important Asia Pacific jurisdictions.

In order to mark the launch of the 2017 edition of Financing the Economy we are hosting a series of events in North America and Europe. Each event will include an overview of the key findings of this year’s research, a discussion of the key trends in the industry by a leading figure in private credit, and an opportunity for attendees to discuss the findings directly with representatives of the ACC and Dechert LLP. The list of events is as follows:

We hope you will be able to join us, and discuss this exciting time for the private credit industry. The events are open to all interested parties free of charge. For more information, contact Max Budra.