KPMG/ALFI Private Debt Fund Survey 2020

6 Jan 2021 | Luxembourg fund industry  


KPMG/ALFI Private Debt Fund Survey 2020

Luxembourg-domiciled private debt funds saw a 14.5% climb in assets under management (AuM) in 2019, reaching a total AuM of €56 billion. This builds on the 23.5% growth in AuM for debt funds seen from 2017.

David Capocci, Head of Alternative Investments at KPMG Luxembourg: “The private debt fund market has steadily grown over the last few years and 2019 is no exception. AuM have increased by 40% in two years – from €40 billion in 2017 to €56 billion as of June 2019. These numbers reflect the debt fund market’s success, which we expect to continue in the coming years.”

Camille Thommes, Director General of ALFI, commented: “Non-bank intermediation, such as financing through private debt funds, is gaining further momentum. Private debt funds are a growth stimulator and important source of financing for the real economy. Along with the banking industry, they can help businesses raise capital and address the imbalance of liquidity supply and demand. This survey shows that Luxembourg private debt funds are more sought-after than ever.”