KPMG: Private debt funds grow 40.6% in Luxembourg

The assets under management of private debt funds in Luxembourg increased by 40.6% in 2021 to a record high of €182 billion ($206 billion), according to a new survey from KPMG and the Association of the Luxembourg Fund Industry (ALFI).

The figures build on the already commanding growth private debt saw in the groups’ 2020 survey that saw asset appreciation of 36.2%.

“Fueled by regulation imposed on banks and growing investor awareness, the private debt market continues to go from strength to strength,” said Valeria Merkel, partner audit, German Asset Management, and co . . .

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