Asset Class Reports

Reasons for cheer and for fear in non-bank lending

By March/April 2026 (Magazine)

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Source: Photo: Van Tay Media, UnSplash

Demand from both borrowers and lenders continues to drive the growth of non-bank lending, but the uptick in defaults puts private credit returns under pressure

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IPE covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.

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The Netherlands
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