The recent cases involving Tricolor and First Brands are testing the resilience of the private debt fund industry and the liquidity of its assets.
Factoring has evolved from a niche option into an indispensable driver of working capital development in Peru.
The classic 60/40 fixed income/equity formula is being challenged by a more complex environment. Institutional and sophisticated investors are increasingly incorporating alternative assets, with private debt being the first step in this evolution.
Semi-liquid funds are valued for their ability to offer some liquidity with periodic subscriptions and redemptions, but offer more returns.