INTRODUCTION

In the past decade, private debt has rapidly ascended to become one of the fastest-growing private market strategies. To meet the rising demand for expertise in this area, the Private Debt Microcredential provides foundational education on private debt, ensuring you understand the complexities of this dynamic landscape.

PROGRAM OVERVIEW

The Private Debt Microcredential provides a comprehensive understanding of private debt, equipping you with the essential knowledge to navigate this rapidly growing asset class confidently. Supported by Ares Wealth Management Solutions (AWMS) and Briarcliffe Credit Partners, this program consists of four modules that offer foundational education on private debt, one of the most dynamic market strategies of the past decade.

The Fundamentals of Private Debt (Module 1)

• The History of Private Debt
• An Overview of Capital Structure
• Liquidity, Interest Rates, and Credit Risk
• Categorizing Private Debt
• Private Corporate Lending
• Asset-Based Lending
• Expectations for Private Debt Strategies

Private Corporate Lending (Module 2)

• Trends in Private Corporate Lending
• Secured Direct Lending
• Mezzanine Financing
• Venture Debt
• Distressed Debt
• Risk and Return

Asset-Based Lending (Module 3)

• Asset-Based Lending vs. Cash Flow-Based Lending
• Real Estate Debt
• Infrastructure Debt
• Farmland Debt
• Balance Sheet Lending
• Specialty Finance
• Risk and Return

Private Debt Portfolio Implementation (Module 4)

• Investment Vehicles
• Performance Measurement
• Asset Allocation

A certificate of completion will be issued by CAIA upon the completion of the program.

List price: USD 395/ SGD 535

Discounted fees

- IMAS members: USD 315 / SGD 425
- IMAS conference attendees (valid till 31 May 2025 only): USD 335 / SGD 450
- Non-members: USD 355 / SGD 480