TiPD - Tilburg Institute for Private Debt
The Tilburg Institute for Private Debt provides an open platform to promote research, education and networking, in the field of private debt.
About Tilburg Institute for Private Debt
Private Debt is a fast growing asset class. Fundraising has exceeded USD 100 billion for the past years, outpacing both private equity and closed-end real estate fund growth. Its annual returns average around 11 percent and make this new asset class an attractive proposition to more and more investors.
Moreover, private debt funds are filling financing gaps related to mid-market and sponsored corporate financing transactions. Increasingly, such transactions require speed and flexibility but also contract structures avoided by banks. Private debt is thus also progressively used by entrepreneurial companies in the form of venture debt.
Despite its importance in corporate financing and its establishment as a new asset class, research in private debt is very sparse. TiPD aims to close this research gap and provide an open platform to promote research, education and networking, in the important field of private debt.
About Tilburg School of Economics and Management (TiSEM)
TiPD is an initiative of the department of accounting and the department of finance at Tilburg School of Economics and Management (TiSEM), Tilburg University. Tilburg University ranks #5 worldwide in Business Administration and #12 worldwide in Finance according to the 2019 Shanghai Academic Ranking of World Universities. In Europe, Tilburg ranks #2 in Finance, in esteemed proximity to the London School of Economics and Political Science (#1), the University of Oxford (#3) and London Business School (#4).
Tilburg Institute for Private Debt (TiPD) organizes scholarly, practically relevant research in the field. We provide grants to researchers on a competitive basis and co-operate with other universities and institutions aiming to advance knowledge in private debt.
Stay connected with TiPD and receive up to date news on private debt and our activity in the field.
Paper Pascal Böni accepted for publication in Risk Management23rd April 2021
The paper of Pascal Böni on “Are stock prices driven by expected growth rather than discount rates? Evidence based on the COVID-19 crisis” (a collaboration with Heinz Zimmerman, University of Basel) has been published in Risk Management.
Pascal Böni appointed as Professor of Practice in Finance & Private Debt11th January 2021
Tilburg University has appointed Dr. Pascal Böni as Professor of Practice in Finance & Private Debt, effective January 1, 2021. Böni is the CEO of Remaco, a Swiss advisory and securities firm and member of Nexia International. He is also Associate Professor of Finance at TIAS, the business school of Tilburg University and Eindhoven University of Technology. He will be the managing director of the newly established Tilburg Institute for Private Debt (TiPD), a joint initiative of the Departments of Accounting and Finance at Tilburg School of Economics and Management (TiSEM).
Does Borrowing from the Private Markets Cost More Than Borrowing From The Public Markets?01st September 2020
Nonbank corporate lending climbs to a new record high. Amid the COVID-19 crisis, nonbank corporate lending experienced another spike in growth. In the US, nonbank lending now amounts to almost 50% in relation to GDP, the same ratio for bank lending resting at a stagnating average 11% for decades. The primary source of debt for firms is thus progressively provided outside the banking system.
Conference & Events
In co-operation with various leading institutions from academia, industry leaders and policy makers, TiPD organizes an annual conference, seminars and webinars to foster the exchange of knowledge.
Prof. Pascal Böni, PhDManaging Director TiPD
Professor of Practice in Finance & Private Debt, Tilburg School of Economics and Management
Prof. Philip Joos, PhDAcademic Director TiPD
Full Professor, Department of Accountancy, Tilburg School of Economics and Management
Prof. Marco da Rin, PhDAcademic Director TiPD
Associate Professor, Department of Finance, Tilburg School of Economics and Management
Stay connected with TiPD
Tilburg Institute for Private Debt offers various options to stay connected, be it as an institutional partner, a business member, an academic member or simply by e-mail Alert.