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The annual KPMG Private Debt Fund Survey 2023, commissioned by the Association of the Luxembourg Fund Industry (ALFI) shows extraordinary growth in the Luxembourg private debt industry. Assets under management (AuM) soared 51% to €404.4 billion compounding last year’s AuM growth of 45.4% amid a profoundly changed geopolitical and macroeconomic environment.
Julien Bieber (portrait), Partner Tax, Alternative Investments Co-Head of Private Debt at KPMG in Luxembourg said: “Despite uncertainties, the Luxembourg private debt fund market has demonstrated once again, its attractivity by expanding at a remarkable pace and the outlook for this asset class is optimistic. The Luxembourg financial hub managed to capture this phenomenal growth thanks to its cross-border fund...
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