The private credit industry has experienced significant growth over the past decade, evolving into a critical component of the global financial system.
The asset class exceeded $2 trillion in AUM during 2024 and is expected to exceed $3 trillion over the coming years, driven by the retrenchment of traditional banks from leveraged lending and the ongoing expansion of the credit businesses of private equity firms.
From a European perspective, AIFMD 2.0 will introduce a pan-European loan origination framework for the first time, levelling the playing field for EU domiciled funds, which is expected to eliminate current cross border direct lending barriers. In tandem with this, the democratisation of alternative investment strategies and resultant demand for evergreen / hybrid type strategies is expected to drive the continued growth of the private credit industry.
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How ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø can help
Our multidisciplinary team of experts across audit, tax, consulting and deal advisory are able to advise you across the full life cycle and value chain, irrespective of whether you are an asset manager, service provider or investor. We work on a global basis � working closely with credit experts in key jurisdictions such as the UK, Luxembourg and the US to bring a global solution.
We have expertise in respect the full range of strategies which form part of private credit:
Our teams have deep industry knowledge and access to a global network of professionals, ensuring that we provide comprehensive insights and solutions tailored to the evolving credit landscape. Here is a quick look at our services in this space:
Fund structuring
- Fund formation � tax structuring
- Carried interest planning
- Accounting advisory
- Regulatory advice
- Target operating model
Life cycle
- Tax compliance
- Audit
- Transfer pricing
- Valuations
- Entity / structure rationalisation
- Value creation
Investment approach
- Due diligence � tax, legal, ESG & commercial
- Portfolio solutions
- Debt advisory
- Transaction review
- Tax structuring
- Turnaround & restructuring solutions
- Workout solutions
- Cash flow / financial monitoring and modelling
Exit
- Tax structuring
- Pre-sale readiness assistance
- Restructuring / advisory
- Insolvency / liquidation
Talking Asset Management with ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø: podcast series
Asset managers are facing an environment of enormous challenges and opportunities. Listen to the ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø US Talking Asset Management podcast series as our colleagues break down regulatory updates; economic, operational, and valuation challenges; potential tax implications taking place today; and other hot topics affecting the Asset Management industry.
Private Credit Perspectives: Ireland
In this episode, Philip Murphy delves into the challenges and opportunities in the private credit environment including why Irish ICAVs have emerged as a vehicle of choice for strategies such as US direct lending and royalty strucures.
Private Credit Perspectives: Luxembourg
In this episode of Talking Asset Management with ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø, Patrick Brooks, Credit Tax practice leader, hosts a conversation with a leader from ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø Luxembourg to discuss the current state of the private credit landscape in the region.
Private Credit Perspectives: United Kingdom
Listen to Scott Woods, Michael Bolan and Simon Hart discuss the current state of the private credit landscape in the United Kingdom.
Private Credit Perspectives: Germany
Listen to Patrick Brooks, Julius Groten & Marco Muth discuss the current state of the private credit landscape in Germany.
Get in touch
Find out how ÀÖÓ㣨Leyu£©ÌåÓý¹ÙÍø's fresh perspectives and expertise help you focus on what's next for your business. Reach out to our team of credit specialists today to discuss any queries you might have in the context of a credit strategy â€� we'd be delighted to guide you.