As private debt becomes more prevalent in private client portfolios, certain companies are looking to capitalise on this growing asset allocation.

One of these companies is S64, which aims to help private banks and wealth managers to deliver private markets to their clients at speed and at scale.

Founded by chief executive Tarun Nagpal in 2019, S64 was formed almost as an offshoot from Deutsche Bank, which shut down its alternatives business – which Mr Nagpal worked in – in 2...