Passed event: An Examination of the New Normal for the Sector and a Focus on Private Debt, 16.7.2024

Members and non-members event

date & time

16/07/2024

6:00-7:00 pm EEST

Over the last 20 years or so, the alternatives sector, in general, has progressed from a relative niche to in 2024 representing roughly 20–25% of global assets under management.
In particular, private equity and private debt have grown rapidly as providers of capital for the new economic models that have emerged post-2000, largely focused on technology and intellectual property.

Join CFA Institute in exploring the reasons for this progression and analyzing whether the new macroeconomic paradigm post-Covid, characterized by stickier inflation and higher-for-longer interest rates, could impact this trajectory.

We will also be investigating the specific sector of private debt, which has seen the fastest growth rate in private capital's private equity disentangling itself from its private debt counterpart, and will higher interest rates disrupt this trend? As speakers in the webinar Olivier Fiennes, CFA, Head of Advocacy and Policy Research, EMEA, CFA Institute, Zack Ellison, CFA, Founder & Managing General Partner, Applied Real Intelligence (A.R.I.) and Chief Investment Officer, A.R.I. Senior Secured Growth Credit Fund, and Matthew Harvey, Executive Managing Director, Head of Direct Lending, PGIM Private Capital.

Key topics will include:

• How can we explain the general rise in private market investments since 2000?

• Has this been US-centric or a global phenomenon?

• Have twenty years of expansionary monetary policy and low interest rates fueled or facilitated this rise in private capital?

• Should we expect a higher interest rate environment to impact private markets strategies? Any reason to expect risk levels to rise?

• Should we expect default rates to rise?

• How can we expect private debt to react to this new macroeconomic paradigm? Is stagflation in the cards? 

If you're unable to attend or if the timing doesn't suit your time zone, simply select the "Recording Only" option at the top of the page. By signing up, you'll receive access to the webinar, allowing you to watch at your convenience.