Brussels, Belgium — MFA issued the following statement in response to the European Commission’s banking package published today:
“The EU will need both bank and market-based sources of business finance to meet its competitiveness goals. Private credit complements bank lending by providing long-term, flexible finance that helps businesses grow, investors to diversify their portfolios, and strengthen the resilience of the EU financial system. The EU must embrace market-based finance to build a strong Savings and Investments Union that supports long-term growth.” — Jillien Flores, MFA Chief Advocacy Officer
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The global alternative asset management industry — including hedge funds, private credit funds, and hybrid funds — serves thousands of public and private pension funds, charitable endowments, foundations, and other global institutional investors. The industry provides portfolio diversification and risk-adjusted returns to help meet their funding obligations and return targets throughout the economic cycle.
About MFA
Managed Funds Association (MFA), based in Washington, D.C., New York City, Brussels, and London, represents the global alternative asset management industry. MFA’s mission is to advance the ability of alternative asset managers to raise capital, invest it, and generate returns for their beneficiaries. MFA advocates on behalf of its membership and convenes stakeholders to address global regulatory, operational, and business issues. MFA has more than 180 fund manager members, including traditional hedge funds, private credit funds, and hybrid funds, that employ a diverse set of investment strategies. Member firms help pension plans, university endowments, charitable foundations, and other institutional investors diversify their investments, manage risk, and generate attractive returns throughout the economic cycle.
