Alta Partners with Davidson Kempner to Enhance Investor Access to Multi-Strategy and Asset-Based Lending Strategies
In the past decade, private credit has skyrocketed, jumping from $320 billion in 2010 to $875 billion in 2020 in Assets Under Management (AUM).
Alta Alternative Investments Private Ltd, Asia’s leading digital securities exchange for alternative assets, has partnered with global investment management firm Davidson Kempner Capital Management LP (Davidson Kempner) to enhance access to the firm’s strategies.
In the past decade, private credit has skyrocketed, jumping from $320 billion in 2010 to $875 billion in 2020 in Assets Under Management (AUM). Now, major firms predict even more growth in Asia-Pacific lending for 2024, with a focus on top-tier borrowers over distressed cases.
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Read Also : MNRE Announces Amendment to ALMM Order 2019 to Advance Solar ManufacturingIn response to this surge, Alta has teamed up with global investment firms with unique access to opportunities. First, Hamilton Lane offers access to a senior private credit fund across the region. Second, collaborating with Scenic to introduce the Scenic Private Access Fund, providing direct venture secondaries.
Read Also : CMD NBCC inaugurates program on application of AI and GEN AI in HR functions in PSU’s"Alta is proud to partner with Davidson Kempner to bring industry-leading opportunities to our investor community. There's a growing demand for stable, income-producing portfolios and low-volatility strategies, especially amid persisting uncertainties in the markets, and we are addressing precisely that with this partnership. Alta is pioneering accessible avenues for alternative investments and this collaboration presents a distinctive investment opportunity aimed at breaking down barriers to enter private markets, enabling easy access to alternative assets typically reserved for high-net-worth individuals and institutional investors," said Muzahir Degani, Head of Private Capital Markets, Alta.
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