Why should investors consider the secondary market for private credit opportunities?

Marco Busca, Head of Indirect Private Debt, Generali Asset Management - part of Generali Investments - explains why the secondary market elevates the benefits of private credit for institutional portfolio. He also introduces the recently launched Generali Private Credit Secondaries Fund, which aims to provide opportunities in a burgeoning market that targets both LP-led and GP-led transactions.

Why should investors consider the secondary market for private credit opportunities?

  • Investments in private credit secondaries enable investors to quickly generate significant returns, achieve high diversification, and mitigate the J-curve effect.
  • Private credit secondaries should be looked at not just as a liquidity solution but as a long-term, performance-enhancing building block for institutional portfolios.
  • The Generali Private Credit Secondaries Fund is an opportunity to invest alongside Generali Group, the cornerstone investor and one of the world’s largest institutional investors.

In an investment environment shaped by uncertain interest rates, inflationary pressures, geopolitical tensions, and an increasing demand for liquidity, the secondary market for private credit is fast emerging as one of the most attractive and strategically relevant segments of the private markets. At Generali Asset Management, we see this evolution not as a fleeting trend but as a structural shift – one that we believe will play an increasingly central role in portfolio construction for institutional investors.

You can now read the full whitepaper at the link below 

Supporting documents

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