The Rise of Private Debt: A New Era for Capital Markets and Portfolios

Below are the highlights of the webinar:

Private debt accounts for $1.5 trillion of assets and has doubled in size over the past five years, excluding high yield and leveraged loan sectors.

L Catterton, with origins in private equity and a focus on the consumer sector, manages around $34 billion AUM and has a unique partnership with LVMH and Groupe Arnault.

L Catterton identifies wellness and the humanization of pets as compelling consumer trends, with investments in the pet sector for over a decade.

Private debt strategies, originated outside traditional banking systems, offer benefits like customization and speedy execution, filling the void left by post-financial crisis banking consolidation.

Direct lending involves senior secured debt with yields in the mid to high teens. Other strategies include junior debt, distressed debt, mezzanine, secondary debt, and preferred equity.

Private debt caters to diverse investment needs through new products, emphasizing the importance of checking managers' experience across various market environments.

Anticipated market growth is driven by the need to refinance a substantial amount of debt over the next three to five years and the capital required for new leveraged buyouts.

Watch the full webinar above.