Private debt fund survey 2025
Download the survey today to uncover exclusive data and insights driving the growth of Luxembourg’s private debt market.
Download now
KPMG Luxembourg, in collaboration with ALFI, is pleased to present the ninth edition of the Private Debt Fund Survey. This year’s survey highlights the continued growth and evolution of Luxembourg’s private debt market, reflecting strong investor confidence and the strength of its flexible, efficient, and transparent fund ecosystem.
In a landscape full of both opportunities and challenges, the survey provides key data and insights to better understand the trends shaping this dynamic sector.
Data from 13 Luxembourg depository banks, covering 1,500 + private debt funds and sub-funds.
80 %
of the AIFs debt funds
are incorporated as AIFs
+ 24.7 %
average growth of AuM
64 %
of indirectly supervised private debt
vehicles are RAIFs (+2pp YoY)
The survey delves into the heart of the private debt market, drawing upon expert perspectives from the industry.
- What’s the market’s growth trajectory?
- Which key trends should you keep an eye on?
- How do fund structures and regulations attract investors?
- What challenges lie ahead for Luxembourg’s private debt market?
Explore these questions and more, relying on industry research and frontline insight.
Private debt fund survey 2025
Download the survey today to uncover exclusive data and insights driving the growth of Luxembourg’s private debt market.
Download nowContact us
Julien Bieber
Partner, Alternative Investments
KPMG in Luxembourg
+352 22 51 51 5599 Julien
Bieber
Phone number
