Private Credit Funds Identify Latin America as the Next Frontier
- Industry seeks out new pockets of cash as fundraising flags
- Brazilian wealth beckons, pension floodgates open in Mexico
In Latin America, private lenders can capitalize on growing wealth and a need by investors to offset risks in their domestic debt markets.
Photographer: Nelson Almeida/AFP/Getty ImagesThis article is for subscribers only.
Private credit funds are diversifying into Latin America to drum up new investors as the $1.7 trillion industry endures the worst fundraising slump since 2020.
The likes of Adams Street Partners, Antares Holdings and Hayfin Capital Management are just a few of the firms eyeing growing pots of cash at pension funds as well as among wealthy individuals in the region.