Читать книгу Alternative Investments 2.0 - Группа авторов - Страница 36

As investors build up experience and expertise within the private debt asset class, they will try to diversify their portfolios with other sub-strategies. Opportunistic lending offers a more attractive risk-adjusted return profile for investors looking to expand their portfolio beyond a pure play on direct lending. The COVID-19 crisis will provide an extended opportunity set and could serve to demonstrate the relevance of this strategy in a well-diversified portfolio.

Opportunistic lending is also likely to attract private equity investors seeking double-digit returns but with a lower risk profile and the downside protection provided by debt financing structure, especially in a late-cycle environment with high valuation multiples.