- 24% of professional investors see the
traditional banks as biggest challenge facing private debt
funds
- 64% cite banks' balance sheet
strength as their biggest asset
A resurgence in traditional bank lending is the biggest
challenge facing the direct lending market in the coming years,
according to one in four (24%) professional investors.
A study commissioned by Intertrust, a leading global provider of
high-value trust, corporate and fund services reveals that despite
the rapid rise of private debt funds, professional investors
believe that traditional banks will continue to be a dominant force
in lending.
Balance sheet strength and competitive borrowing rates were
cited as the biggest long-term advantages held by traditional banks
over private debt managers, according to 64% and 62% of
professional investors respectively.
