1. Newsroom
  2. Private Debt: A Time-Honoured Market Perspective
洞见 05.04.2024

Private Debt: A Time-Honoured Market Perspective

Private Debt: A Time-Honoured Market Perspective

Our experts explore the origins of private debt—a market with a history spanning over 4,000 years, set to provide the next wave of opportunities for investors.

In our latest white paper, we take a closer look at private debt, aiming to broaden understanding beyond the common narrative tied to monetary policy and show that allocating to private debt can bring resilience, diversification and healthy returns to investors’ portfolios.  

Private debt's growth does not hinge solely on shifts in monetary policy. While these factors may have influenced its trajectory, its expansion is rooted in its ability to fill gaps in credit provision left by traditional banking institutions.

Moreover, the characterisation of private debt as a singular asset class can be challenged, emphasising its diverse array of strategies and transactions. While direct lending and commercial real estate are acknowledged as dominant segments, we argue that the private debt universe is far broader and more multifaceted than commonly perceived, encompassing a spectrum of financing opportunities across various sectors and structures.

Looking ahead, we expect continued growth and evolution within the private debt market, with investors increasingly exploring new strategies beyond traditional avenues. Residential real estate and asset-backed financing emerge as particularly promising sectors, providing attractive risk-return profiles and diversification benefits in an environment of heightened market volatility and uncertainty.

Download our white paper for more on private debt and projected future trends.

Download the White Paper
Colin Greene Colin Greene
Head of Private Debt
Nicolas Roth Nicolas Roth
Head of Private Markets Advisory

Kayte Hodgson
Senior Investment Specialist, Private Markets

View her Linkedin profile


Global equities

Invest in companies with superior and sustainable value creation.


洞见 21.05.2024

Embracing regenerative agriculture for sustainable growth

UBP’s impact team believes in the pivotal role regenerative agriculture has to play in addressing environmental challenges and fostering long-term prosperity. This theme can provide fertile ground for investors looking at impact investing.

洞见 08.05.2024

UBP House View - May 2024

In light of the extended duration of high interest rates, we’re employing a carry strategy, ramping up our allocation to high-yield bonds.

洞见 26.04.2024

Swiss equities back on the radar

Following a relatively lacklustre performance in 2023 and the Swiss National Bank’s recent interest rate cut, is now the time to revisit the Swiss equity opportunity set? In this Investment Rendez-Vous podcast, Eleanor Taylor Jolidon, co-head of UBP’s Swiss and Global Equity team, walks us through Swiss business models, current valuations and industries of particular interest.