Private markets investors bullish on asset-based finance in 2024

Private markets investors are optimistic about the growth of asset-based finance (ABF) next year but are cautious about other asset classes such as real estate.

Oxane Partners, a technology provider to private markets, held its annual client forums in London and New York last month. The events were attended by private market leaders from investment banks, private credit funds, hedge funds, and institutional asset managers.

Oxane Partners noted the growth of ABF “as the broader private credit market grows further” and the vital role that it can play in the current climate.

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“Given the ongoing structural shift as traditional bank financing continues to retreat, ABF serves as an important funding source for companies in times of high inflation and macroeconomic uncertainty,” Oxane Partners said.

The events also revealed that private markets investors see a need for technological preparedness to tackle operational challenges. Attendees were keen to prioritise digitalisation to enable scalable growth at a time when the industry is growing rapidly.

Read more: Investors favour private credit over other alternatives

The role of artificial intelligence and machine learning in private markets was also discussed, and the consensus was to focus on practical use cases that drive real value.

“We extend our heartfelt appreciation to our clients for contributing to yet another vibrant gathering at ‘Engage 2023’,” said Vishal Soni, co-founder and managing director of Oxane Partners.

“It was great to have industry leaders come together for insightful discussions on current trends, and market outlook, discuss strategies, and evaluate priorities for the upcoming months.”

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