Kunal Guha

The once-clear boundaries between syndicated loans, high yield, and direct lending are breaking down, with different regions approaching convergence in unique ways. In the U.S., private credit is intersecting with liquid markets through securitisation and bank retrenchment. In Europe, regulatory reform and bank disintermediation are spurring semi-liquid and structured solutions. Across Asia, private credit is filling financing gaps in infrastructure and SMEs, often through cross-border capital flows.

This session will explore how regional trends, regulatory frameworks, and investor demand are driving convergence globally and what that means for allocation, risk management, and product innovation.