Limited Partners

NYC Comptroller’s office commits $350m to Hayfin strategy

Four of the five NYC pensions allocated to Hayfin Tactical Solutions Fund, sources say

NMSIC’s leader: Asset-based lending taking priority in private credit ramp-up

The private credit head at the $60bn sovereign wealth fund discusses the rationale behind asset-based lending interest and reasons for caution in a booming market in this Q&A.

PSERS considers $150m commitment to I Squared infra credit fund

The Pennsylvania pension fund is running ahead of its 7% target allocation to private credit.

Blackstone allies with transportation infrastructure firm ITE Management

BXCI makes a minority investment in the alternatives manager.

The UK pension performance challenge

The Mansion House Compact was an attempt to address a pressing issue and has encouraged a more proactive stance to private markets – but there are challenges.

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.

Apollo to acquire Bridge, expand PE origination base

The purchase is set to close in Q3. The all-stock deal will add a manager with $50bn of AUM.

NB Specialty Finance III holds final close on $1.6bn

Neuberger Berman fund exceeds its target and its precursor. Nearly half is already deployed.

Nest looks to boost private markets exposure with IFM stake

The UK pension plans to deploy around £5bn by 2030, investing in infrastructure, debt and private equity, through IFM.

Dallas Police & Fire Pension outlines path to 4% debt allocation

Pension raises target from 1%, and prioritises senior direct lending, with ventures into real assets and structured credit.