As commercial banks continue to be challenged by the ongoing need to repair balance sheets and comply with new capital requirements, new non-bank players are stepping up to bridge the liquidity gap.
This report highlights the rapid rise of the private debt fund sector, expected to become a major player in the market alongside commercial banks in 2013. Equipped with the ability to react quickly to market trends and provide sponsors with additional flexibility around their capital structures, private debt funds are anticipated to further increase their market share.
Now in its fourth year of production, this report presents detailed survey results from over 45 financial institutions active in the European lending community and offers their insights on the market for the year ahead.