Allocation

APG enters infra debt, eyes move into US impact credit

The Dutch pension manager is also looking for more special situations funds and weighing its approach to US investments, says its head of alternative credit.

Alaska Permanent’s private income portfolio is ready for a recession

Having been preparing for a downturn since covid, senior portfolio manager Ross Alexander tells us how the SWF is ready for today’s realities.

LPs expect PE’s fundraising woes to deepen amid tariff volatility

Investors believe uncertainty caused by US President Donald Trump’s tariff policies could postpone a thaw in exit markets, compounding existing fundraising challenges.

New Hampshire Retirement System commits $50m to direct lending fund

The public pension fund’s relationship with Comvest dates back to 2014, with a total of $190m of commitments to its funds.

LPs slow their pace: ‘Nobody is getting fired for taking things slowly right now’

Contrary to a report in the Financial Times earlier in the week stating that the turmoil is spurring large institutional investors to explore selling out of private market positions, most LPs are not likely to make such reactionary decisions to sell at steep discounts.

Insurers take on more risk in infra debt as spreads narrow

How investors like Swiss Re and the UK’s Pension Insurance Corporation are adapting to this fast-maturing asset class.

New Mexico SIC bolsters asset-based lending to ramp up to target

The sovereign wealth fund is racing toward its allocation target, with about $2bn annual commitments to private credit, building out its asset-based lending exposure.