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IQ-EQ Meets Rising Demand For Debt/Credit Services

Jackie Bennion

17 March 2021

Investor service provider unveiled a new global private debt and credit desk on Tuesday to meet growing worldwide demand for the asset class.

In a recent poll conducted with IFI Global, 95 per cent of managers and investors told the firm that they believed the asset class would break records for demand over the next three years as investors search for yield and diversification.

The firm said the new desk would support managers and investors with “increasingly complex debt strategies” and give them "a dedicated team across the full debt and credit spectrum.” The desk is expected to offer clients a bespoke approach to debt fund administration, loan agency and loan administration services, portfolio accounting data and reporting, the firm said.

Group head of funds at IQ-EQ Justin Partington said that beyond the ongoing uncertainty, projections were “positive” on the private debt market.

“As this asset becomes a more significant part of investor portfolios and as structures develop across multiple jurisdictions, the associated strategies, accounting, analysis and reporting will become more complex, deepening the demand for technological platforms,” Partington said.

The firm’s enhanced offering would support this shift, he said.

The new desk will be supported alongside a structured finance and securitisation team covering asset-backed and collateralised transactions, the group said.

IQ-EQ recently collaborated with US-based debt technology service provider Allvue to help private debt managers run their investment operations; it says it already works with six of the top 10 global debt fund managers.

The London-based firm operates across 23 locations and has assets in excess of $500 billion under administration.