(Opalesque) In the week ending October 2nd 2018, a Preqin survey said that hedge funds will grow by 31%, rising from $3.6 tn as at December 2017 to $4.7tn within the next five years as alternative investment assets would increase by 59% to $14tn. The private debt market is predicted to double in size, reaching $1.4tn in 2023 and, in doing so, overtake the real estate market to become the third largest alternatives industry.