Debt funds curriculum

In recent years private debt has become a very attractive class of assets on the radar of many investors. Private debt has always been a good diversification tool compared to traditional asset classes. On top of that, the Covid period proved that this investment strategy, and alternative investment as a whole, demonstrates a high level of resilience and/or growth during troubled market times.

After the end of stimulus programmes, private debt should play a key role in the future financing of our economy. Hence the interest of LPs for the 3rd alternative asset class should not disappear and should even be reinforced. Businesses (especially SMEs) need bridge financing in order to survive a time of crisis, as well as guidance and expertise to navigate the current economic environment. Private credit managers are well-positioned to benefit from this.

That being said, it is important to demystify private debt: what is a private debt fund? How is it structured: tax wise - operationally wise? What are the key concepts of fair valuation and GAAP optionality? How can they be structured? How to administer them?

In close collaboration with PwC's subject matter experts, PwC's Academy has designed a debt funds training curriculum that accurately answers all those questions and many others. It will help participants better understand this specific private debt industry raising more and more capital and interests from investors.