Global Legal Insights
The market uncertainty at the end of 2022 continued in 2023, with activity in the Australian private capital and fund finance markets being more subdued compared to recent years. The economic and geopolitical circumstances show no immediate signs of improvement, so the outlook for 2024 remains uncertain. However, the combined pressures on funds to exit investments to return capital to investors and the need for fund sponsors to deploy much pent-up dry powder will likely lead to an uptick in activity in 2024.
Allens Partners Tom Highnam and Rita Pang, along with Senior Associate Jialu Xu, provide an overview of the fund finance landscape in Australia, key developments and the outlook for the next 12 months.
This article first appeared in Fund Finance 2024, 8th Edition.