Private credit has emerged as a powerful alternative to traditional bank loans and public debt markets. As this asset class grows, so does the importance of fund administrators, who serve as the operational backbone of private credit funds. Fund administrators are critical to the smooth functioning of private credit funds, managing a wide range of responsibilities, including fund accounting, investor services, loan administration, compliance and regulatory support, and technology and data management.
Michael Von Bevern, Co-Managing Director, Americas, and Connect Money Editor Joe Palmisano discuss the reasons behind the rapid growth of the private credit market in recent years, the advantages that technology and automation bring to private credit firms, and his outlook for the rest of 2025.
"Private credit is an industry that wants to fund the future, not see you default on a loan. I see it very much in the same way you see private equity. It has an upside that is equally as big for investors. Private credit is not a bubble but more of an umbrella that encompasses a wide range of credit types like asset-based loans, residential loans, and corporate loans," says Michael.
For more information about this topic, please get in touch with Michael Von Bevern using the details below.
Visit our funds overview page for information on our comprehensive services.
Key Contact:
Michael Von Bevern
CO-MANAGING DIRECTOR, AMERICAS
View Bio | Email Michael | LinkedIn
