CAMRADATA’s new whitepaper on Private Markets asks two key questions: how far the substitution of traditional bank financing by private markets has left to run; and how far private equity remains distinct from public equity.
CAMRADATA’s new whitepaper on Private Markets asks two key questions: how far the substitution of traditional bank financing by private markets has left to run; and how far private equity remains distinct from public equity.
The whitepaper includes insights from firms including Northleaf, Union Bancaire Privee (UBP), Unigestion, Cambridge Associates, Giants’ Shoulders Capital and Redington who attended a virtual roundtable hosted by CAMRADATA in November.
The report highlights that with repeated reassurance from Central Banks, securities markets have spent the last twelve years rediscovering and reshaping risk.
Commercial banks may have reduced the ambition of both their lending and brokerage, but their retreat has left space open for private equity and private debt houses to fill.
Asset owners such as pension funds have followed the private equity and debt specialists, funding their acquisitions with capital that traditionally would have been lent to sovereign lenders and blue-chip corporates.
