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May 27, 2021 Yield-starved investors have fuelled the private debt market to a market cap of more than $1tn in recent years according to data from EY, amid traditional banks stepping away from the sector in the wake of the global financial crash. The junior debt subsegment remains a highly risky proposition, however, despite wider acceptance among investors. Penfund senior partner Richard Bradlow explained to AltAssets reporter Emily Lai how the firm is succeeding in the sector while avoiding its many pitfalls.

6 Canada’s Penfund is set to head back into the fundraising market this summer with eyes on up to C$1.5bn, AltAssets can Sorry, you need to subscribe to read this article. If you would like to access this article you must become a Premium Subscriber. Premium subscribers receive complete access to our daily breaking news, premium stories, weekly Fundraising & IR Review, Knowledge Bank and LP profiles - all which are accessible via our mobile platform.