Private debt: resilient through rising rates, inflation and recession risks
Institutional investors set aside capital for private debt during the era of low rates, but the alternative asset class could still be attractive in the current environment, according to Australia’s Queensland Investment Corporation.
The current global economic outlook points towards higher rates, rising inflation and the possibility of a recession, but Australia’s Queensland Investment Corporation (QIC) thinks it is still an attractive market environment for private debt.
The government-owned investment firm set up its private debt team in 2021 and is planning to hire one or two more managers for its multi-sector team in Australia, Andrew Jones, QIC’s head of private debt, told AsianInvestor.
Andrew J…
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