Debt Financing — Alternative to Private Equity?

In Germany, loan finan­cing through private debt funds is incre­asingly being used as corpo­rate finan­cing. Supply is also incre­asing, as tradi­tio­nal banks are only allo­wed to take on limi­ted risks. This parti­cu­larly affects medium-sized compa­nies, which have far-reaching finan­cing requi­re­ments. Ther­e­fore, the ques­tion arises whether private debt finan­cing is not only an alter­na­tive to tradi­tio­nal bank finan­cing, but also to private equity.