In recent years, the role of private debt has transformed, with the potential for higher returns and greater portfolio diversification seeing the asset class become a more frequent feature in institutional portfolios. Now, the way that investors are accessing private debt has changed too. Semi-liquid fund structures have emerged, with asset managers seeking to address the traditional barriers to entry for wealth managers and other non-institutional investors, potentially offering greater flexibility in accessing the asset class.

In this episode, Nick Rosenblatt, Wealth Management Proposition Leader at Mercer, is joined by Alecia DeCuollo and Tamsin Coleman to examine the driving forces behind private debt’s growth as an asset class in recent years, the advent of semi-liquid structures and their ripple effect through the industry, as well as the risk and due diligence considerations when evaluating semi-liquid, private credit funds.

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