Breaking News

Oaktree adds quartet for new Asia private credit strategy

The private debt specialist GP has hired investment professionals from Singapore state fund GIC and rival managers Ares, Goldman Sachs and Partners Group.

Carlyle-affiliated Fortitude Re strikes reinsurance deal with Unum

The deal to transfer $3.8bn of long-term care policies to Fortitude will earn Carlyle recurring fees.

Ex-Generali CIO joins Zurich as head of portfolio management

Francesco Martorana will start at the Swiss insurer this week after around 13 years at Italian rival Generali, with his predecessor at Zurich taking up a new role.

Medallia taken over by Blackstone-led creditor group

The creditor trio will inject $150m to reduce Medallia debt, in addition to $500m from the company to invest in AI efforts.

EQT’s massive sustainability-linked credit facility leans into materiality

The $4.4bn subscription credit facility reflects a shift in the way sustainability is integrated into private markets investment processes.

Asian insurer Prudential hires head of product development

The Hong Kong-headquartered firm, with $166bn under management, has appointed a former insurance CIO to what is understood to be a newly created role, Private Debt Investor has learned.

Blue Owl’s liquidity event: The OTF notes

The top three exposures in the publicly traded technology BDC are software, software apps and healthtech.

MetLife IM shuffles insurance solutions heads after merger

The US asset manager has shaken up its insurance team leadership after acquiring rival PineBridge, with its international solutions head departing.

Goldman Sachs AM appoints new co-head of APAC client solutions

The US firm has hired an executive from JP Morgan, as insurers and other allocators continue to push into private credit, Private Debt Investor can reveal.