Limited Partners

If impact is to attract the most talented GPs – and a wide pool of investors – it mustn’t make itself too expensive.

Will the most suitable lender win the deal in today’s market? Not necessarily, says Charlie Perer of SG Credit Partners, as intermediaries draw up rules of engagement that invite a wide number of participants.

The asset manager is rumoured to be lengthening its fundraising period, having previously outlined an opportunity to help clients diversify their private debt portfolios.

Australian superfund Aware Super is one of the largest domestic players in the asset class Down Under – and continues to deploy capital through GPs overseas.

The new office is accompanied by four senior hires aimed at getting North American investors to invest in European credit.

The $239bn retirement fund aims to pick GPs to invest in the asset class this year or early next, according to investment director Laurine Amiel.

All private market asset classes stand to benefit, debt more than real estate or infrastructure.

It remains to be seen how successfully direct lending can navigate current headwinds. LPs with heavy exposures may welcome the rise of asset-based finance.

The system has been launched by Martini.ai.

PDI spoke to Brookfield’s Craig Noble about the manager’s acquisition of a majority stake in Angel Oak.