Evergreen Funds Accelerate Retail Access to Private Credit
Sophie highlights the growing “democratization” of private markets, driven by evergreen fund structures and strong income returns. In Europe, demand for private credit from sub-professional investors is four times higher than for private equity, thanks to net yields of around 10% versus 4–5% in public markets. As retail investors increasingly view private credit as a fixed-income replacement rather than a high-risk alternative, momentum is set to accelerate.