Oxane’s Engage 2024
Captures Shifts in Private Credit
London and New York events also marked the 10-year celebrations for Oxane
New York, London: 29 November 2024
Oxane Partners ("Oxane"), a leading technology-driven solutions provider to private markets, hosted the fourth edition of its annual client forum, Engage 2024, in London and New York earlier this month. The invitation-only events were attended by private market leaders from investment banks, private credit funds, and institutional asset managers. The attendees exchanged thoughts on this year's market activity, strategic priorities, and the outlook for 2025 and beyond. This year’s event held special significance as Oxane marked 10 years of its journey and celebrated the milestone with clients and partners.
- The new definition of ‘Private Credit’ - As private credit continues to expand, so does its coverage. From being just direct lending/non-bank lending to middle market companies, the industry experts are increasingly broadening the definition to include all credit areas including asset-based finance, whole loan portfolios, hard-asset financing, fund finance, project finance, and calling it private credit+.
- AI/ML is here to stay - The adoption of AI/ML in private credit is gaining significant momentum, with many attendees highlighting a growing openness to embracing practical use cases. There is a shift in the general attitude as both large and small firms now recognize the measurable value AI/ML use cases deliver as implementations in private credit continue to expand and mature.
- Fund Finance Momentum - As the market landscape continues to evolve, Fund Finance, with products like subscription lines and NAV facilities, continues to grow as a key liquidity channel in the market. The regulators are taking note though, placing greater scrutiny and pushing for more transparency and stronger risk management practices.
- Demand for Private Credit Experts - With private credit gaining mainstream traction, it’s clear that the demand for domain experts remains central to the equation, even as technology continues to reshape the landscape. Forum discussions emphasized the need for technology and human capabilities to work in harmony - AI handling routine, data-heavy tasks, allowing credit teams to focus on more strategic, high-value decisions, ultimately building greater confidence in investment strategies. This demand remains true not just for investment teams but also for service providers in the business - those with the right domain teams are best positioned to benefit from the growth.
“It’s been an exciting 10-year journey for us, and celebrating this milestone with our clients at Engage 2024 made it more special. The discussions underscored a key shift in private credit, with its broader acceptance as an asset class now encompassing a wider range of credit strategies - reflecting the market’s growing maturity. Looking ahead, we remain committed to supporting our clients through these evolving opportunities with initiatives that align with their long-term goals.” - Sumit Gupta, Co-founder and Managing Director of Oxane.
Kanav Kalia, Chief Sales and Marketing Officer at Oxane,, added "Engage 2024 saw an outstanding turnout as we hosted our exclusive client forum for the fourth year. These events allow us to closely listen to our clients’ needs, create solutions that shape the industry, and bring forward a global perspective on the private credit landscape. We are thankful to our clients and partners for their continued support in helping us build a prominent platform and progressing the industry forward.”
About Oxane Partners:
Oxane Partners is a leading provider of technology-driven solutions to the private credit industry. Our solutions transform the way investment firms and banks analyse and manage their investments. We unify our technology with deep domain expertise to provide compelling solutions to the challenges faced by the private markets industry.
Our solutions manage over $500 billion of notional for 100+ clients including global investment banks, private credit, private equity, hedge funds, and alternative asset managers. With offices in London, New York, Gurgaon, and Hyderabad our team of 500+ supports clients in more than 20 geographies globally.
Founded in 2014 by former structured credit investment professionals at Deutsche Bank, Oxane Partners is at the forefront of the digital transformation that is underway in the private markets industry. For more information, please visit https://oxanepartners.com.
Press contact
Gurneet Singh
Marketing Communications
gurneet.singh@oxanepartners.com
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