Melissa Bockelmann

As private credit matures, investors are rethinking where the true relative value lies. While corporate direct lending has dominated, attention is shifting toward new frontiers to innovative structured products that offer differentiated risk/return profiles.

This session will explore how allocators are casting the net wider in private debt, identifying untapped opportunities, and weighing the trade-offs between diversification, liquidity, and scalability. What product structures are enabling access to these new areas, and how are investors deciding which “frontiers” are worth pursuing versus which are already becoming too mature?