Originally published: The Times, 24 June 2024
- 76% of global respondents believe market conditions will improve within five years, with the use of SPVs also set to grow
- Private debt professionals are the most optimistic regarding market conditions
- Greater deal complexity and a growing burden of regulation are impacting use of SPVs
- Outsourcing to SPV administrators set to grow, aided by more sophisticated technologies and platforms
HONG KONG SAR – Media OutReach Newswire – 19 June 2024 – New research among 400 C-suite level executives and senior professionals working in private markets commissioned by CSC has found more than a quarter (29%) view conditions for deal making improving in less than one year—or that it’s already happening.
In addition, almost half (46%) believe market conditions will improve in the next two to five years, with deal growth resulting in the growth of special purpose vehicles (SPVs).
The study by CSC1, the world’s leading provider of global business administration and compliance solutions, was commissioned among investment professionals in private equity, private debt, real estate, and infrastructure in Europe, the U.S. and Asia Pacific. The findings are detailed in a new report focused on the fundamental role that SPVs play in optimizing private market investments.
1CSC, in partnership with Pureprofile, surveyed 400 (between Dec 2023-Jan 2024) C-suite level executives and similarly senior professionals working in private equity, private debt, real estate, and infrastructure. Respondents were equally split between North America, APAC, and U.K. and Europe.