Insurance

Multi-fund transactions remain the domain of large GPs, but experts note there’s more activity in single-fund versions for managers with less than $15bn in AUM.

Apogem Capital’s Bill Kindorf, co-head of sponsor coverage, and David Kelly, managing director in private credit, explain why insurance and financial services represent a hot sector for lending activity.

Dan Adams, managing director and head of insurance at Arrow Global, explains how underwriting-led speciality insurance delivers strong returns for investors seeking differentiation.

He started at the Australian firm this week as head of credit in the client solutions group, PEI Private Credit can reveal.

The suggested move has much prelude, both amongst other private credit concerns and in Blue Owl’s own recent history.

The standards group responds to questions by Senator Elizabeth Warren about the interconnectedness of insurance and private capital.

Questions raised over extent of insurers’ borrowing from the Federal Home Loan Banks.

TWG is working with state and federal regulators regarding undisclosed insurance-affiliated assets.

The partnership – also comprising CVC, Goldman Sachs, Prudential Financial and MS&AD – will initially originate up to £2bn of assets over five years. It means Standard Life could acquire defined benefit schemes as large as £25bn, says interim CIO Nuwan Goonetilleke.

Former Ping An Insurance CIO Benjamin Deng had joined Canadian group Sun Life – which owns private credit manager Crescent Capital – in January last year.