Alternative Credit Council

Did you make the cut? Relive the 4th annual Private Credit Investor Forum with our highlights video.    From the speakers and delegates to our essential sponsors, the private credit community once again raised the bar for what an event can offer. Industry-leading LPs and GPs from around the world came together for a powerhouse day of insightful discussions, invaluable connections, and idea sharing.   Alternative Credit Council events are coming thick and fast with our next stop in Dubai next week. Check the full events calendar here: https://lnkd.in/eiw_ne_t Thank you, Miami! See you next year.   A special thanks to Dana Carey (MidOcean Partners), Paul Horvath (Orchard Global), Jiri Krol, Eric Muller (Oak Hill Advisors, L.P.), Michelle Noyes, CAIA, Richard Randall (IFM Investors), Chris Reel, CFA, CAIA (Albourne), Rafael Serrano (Safe Harbor Equity), Tina Suo (NYC Office of the Comptroller), and Deborah Zurkow (Allianz + Chair of the Alternative Credit Council).   AIMA - The Alternative Investment Management Association #pcif2025 #privatecredit #AIMAevents

The updated AIMA/ACC Due Diligence Questionnaire (DDQ) brings a refined, streamlined approach reflecting the evolving private markets landscape while enhancing one of our most valued member resources. This first major revision since 2019 includes a new Private Markets strategy module, and updates to priority areas for private credit such as liquidity risk management, leverage risks, and expense disclosures. Crucially, the DDQ is now even easier to use, with a new decision tree tool that helps users identify the right modules quickly — ensuring investors and managers can access relevant content efficiently. We encourage members to explore the updated DDQ alongside the ACC’s Corporate Lending DDQ, which remains a vital resource for assessing private credit managers. 📄 Learn more about the changes: https://lnkd.in/eBsbjixD 🧭 Try the decision tree tool: https://lnkd.in/egB2HajX 🎥 Watch the video tutorial: https://lnkd.in/eX_KZDVE #PrivateCredit #DueDiligence #InvestmentStandards

It is great to see the Financing the Economy 2024 report featured in the March issue of Private Equity Insight/Out. The article by Nick Smith and Vincent Remy provides a fantastic window into the over $3 trillion AUM private credit market that has now established itself as a core pillar of global finance. Be sure to read the full Financing the Economy paper at: https://lnkd.in/eaXW-mKy LPEA - Luxembourg Private Equity & Venture Capital Association, EY Read the magazine today at: https://lnkd.in/dqasG8Q

Calling all private credit managers, we need your support to complete our survey on product design trends! This survey will be informing the second edition of 'In Partnership: Trends in Private Credit Fund Structuring', produced in collaboration with Dechert LLP, on the key trends of fund structuring. Our research has been invaluable to support engagement with investors and policymakers worldwide, so to give your support to our work please take 5 minutes to complete the survey here: https://lnkd.in/eWTqk_yx Read the first edition of In Partnership today at: https://lnkd.in/ecbpGT_Y Dechert LLP #PrivateCredit #FundStructuring #research

The ACC and AIMA welcomes today’s Strategy Communication on the Savings & Investments Union (SIU) — an important step towards enhancing the EU’s global competitiveness. https://lnkd.in/eq3Zkf-Y The ACC has consistently advocated for meaningful reforms that will ensure the SIU achieves its objectives. Our recent engagement with policymakers emphasised the need to improve capital allocation by EU investors, simplify regulatory frameworks, and remove barriers that restrict investment in productive areas of the economy. A key priority for the ACC is ensuring that securitisation reform is positioned as a cornerstone of the SIU’s success. A well-functioning securitisation market would allow insurers and pension funds to more efficiently channel capital into private credit, ultimately supporting businesses, infrastructure, and economic growth. We have shared these priorities in our recent response to the Commission’s call for evidence and in our letter to Commissioner Maria-Luis Albuquerque, helping policymakers understand the practical steps required to deliver an SIU that unlocks capital without introducing new barriers. 📄 Read our letter to the Commissioner here: https://lnkd.in/eQXsNEvY 📄 Read our response to the European Commissions’ call for evidence here: https://lnkd.in/eNmwXKkV 📄 Read AIMA CEO Jack Inglis’ comment here: https://lnkd.in/e_Fd7T65

With valuation practices are under increasing scrutiny, we are pleased to host a webinar discussion next Tuesday 25 March exploring what the FCA’s recent Private Markets Valuation Review (PMVR) means for private credit managers and investors We’ll be joined by representatives from the FCA, PWC, and AIMA to discuss: - The key findings from the FCA’s PMVR - Practical insights from valuation professionals on lessons for LPs and GPs - How firms are adapting to the PMVR and what to expect from the FCA in 2025 📅 Date: Tuesday, 25 March 🕒 Time: 2:00 - 3:00pm GMT Register here: https://lnkd.in/ee7ZQyuX Joining us are Waleed Agha, CFA, Albertha Charles, Clodagh O'Reilly (IE), Howard Cornwell, Joshua Evans, Katharine Fullam, James Hopegood, Nicholas Smith PwC, Financial Conduct Authority, AIMA - The Alternative Investment Management Association, Alternative Credit Council #PrivateCredit #ValuationReview #FCA #AlternativeInvestments #AIMAevents

The private credit boom continues to reshape markets, with the APAC region in managers sights. At the AIMA Singapore Annual Forum 2025, our panel on The Private Credit Boom: Opportunities Beyond the Crowded Skies will explore how managers are navigating this evolving landscape and identifying new avenues for growth. We’re pleased to welcome an expert panel featuring: Colin Lim, Tikehau Capital, Connall McGuckian, State Street, Lishi Fong, Harney Westwood & Riegels, Michael Turrisi, RBC BlueBay Asset Management, and Wei Hsien Chan, SeaTown Holdings International Registration closes in two days so book your spot now at: https://lnkd.in/eygBAftc Looking forward to a thought-provoking discussion at this year’s Forum. #PrivateCredit #AlternativeInvestments #AIMASingapore #AIMAevents

Despite being a long-standing risk management tool, Significant Risk Transfer (SRT’s) have faced concerns over transparency, regulatory capital impact, and systemic risk—yet many critiques overlook the safeguards already in place. Jiri Krol’s latest article in Private Debt Investor challenges the growing scrutiny around SRT and addresses common misconceptions about the market. Jiri explains how: - SRTs operate within a strict regulatory framework, with banks required to notify regulators and disclose transactions publicly. - SRTs genuinely transfer credit risk, reducing risk-weighted assets and strengthening capital ratios. - The market has remained resilient, with transactions continuing even during periods of financial stress. Rather than questioning their legitimacy, policymakers should recognise the essential role of SRTs in supporting bank stability and responsible credit expansion. Read the full article here: https://lnkd.in/eNiVs4ik Read our response to the IMF’s SRT paper: https://lnkd.in/eYi3bVym

The ACC is delighted to welcome the release of the 2025 Edition of its Illustrative Questionnaire for the Due Diligence of Investment Managers. For those focused on private credit, we encourage members to review the ACC’s Corporate Lending DDQ, designed specifically to support investor due diligence in this space. The revised edition also introduces a new Private Markets strategy module with refinements targeted at leverage, liquidity, outsourcing risks, and expense disclosures—all highly relevant to private credit strategies. Members are invited to share feedback on the updated DDQ before the final edition later this year. 📄 Access the DDQ here: https://lnkd.in/egB2HajX 📄 Learn more about the decision tree tool here: https://lnkd.in/eBsbjixD

Thank you to everyone who joined our Global Policy & Regulatory Forum 2025 and to our panel on Disintermediating the Banks for a fantastic discussion.   Key takeaways included: · Private credit’s impressive growth continues to attract the interest of policymakers, who note greater recognition of the interdependencies between sectors and opportunities for stronger partnerships · The more significant role of insurers, which are increasing their exposure to private credit · The need for securitisation reforms to unlock greater credit transformation opportunities   Special thanks to Frank Benhamou (Cheyne Capital), Nicola Cetorelli (Federal Reserve Bank of New York), John Golden (Apollo Global Management, Inc.), Costas Stephanou (Financial Stability Board (FSB), Nobu Sugimoto (International Monetary Fund), and Marianna Tothova (Dechert LLP) for sharing their insights.   #PrivateCredit #FinancialStability #AlternativeInvestments #AIMAevents #GPRF2025