Assets under management in Chile’s private-debt market are expanding again as last year’s contraction looks increasingly like a blip in the industry’s eye-catching growth.
Private debt funds managed $6.6 billion in the first quarter, up from $6.4 billion at the end of last year, according to data from ACAFI, the Chilean Association of Investment Fund Administrators. And while that is still below the $6.7 billion seen at the end of 2023, it is way up from $2.6 billion in 2018.
The recent return to growth is likely to accelerate later this year as interest rates fall and inflation slows, said ...