Private Credit Funds: Challenges and Opportunities
Global Custodian featured interview with Bhagesh Malde, global head of SS&C GlobeOp, and Karen Geiger, Co-head of SS&C Advent.
Changes in the mainstream lending landscape and the market's less volatile nature drive more fund managers toward the private credit space. Preqin recently estimated the market's growth rate is accelerating to 17.4% annually, with private debt becoming the second largest private capital asset class in 2023.
Global Custodian sits down with Bhagesh Malde, global head of SS&C’s fund servicing unit, SS&C GlobeOp, and Karen Geiger, SS&C’s alternatives technology leader and co-head of SS&C Advent, to discuss opportunities and challenges in the market and how the firm's private credit offering is standing out from the competition.