Limited Partners

A brief history of (investment) time

Timescales matter to investors, often in very different ways, and GPs need to think about how they can cater to those with different outlooks on the future.

Private credit among top allocation targets for sovereigns

Sovereign wealth funds are looking to put more capital to work in private markets, while reducing public equity and fixed income exposure.

LPs pile into infrastructure debt

Infra debt’s stable cashflows and strong track record are prompting more LPs to engage with the asset class.

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.

Pension Insurance Corporation names interim CIO, amid PRT growth expectation

The UK insurer has appointed an industry veteran to succeed Rob Groves for the time being, ahead of the arrival of new CEO Mike Eakins.

KIC and NPS committee member says ‘easy phase’ of private credit is over

Speaking at the PDI Network APAC Forum in Singapore, Samyoung Chung said his organisations were being more selective and examining different strategies in the asset class.

Trinity Church, one of New York’s biggest landowners, is bullish on RE credit

The endowment is also optimistic about resilient office assets and a market rebound amid renewed leasing momentum.

Stable outlooks for ‘vast majority’ of rated BDCs: KBRA

But cap raises at the top five perpetual life BDCs declined 50% year-on-year and profitability is pressured.

CalPERS promotes Orlich to oversee private markets portfolio

Anton Orlich, architect of the US pension giant’s PE turnaround, will now also be responsible for its private credit, real estate, infrastructure and other alternative programmes.

PGIM: The view from Down Under

Mike Jones, managing director and head of Australia private credit at PGIM, says that growth has slowed somewhat as the country’s big banks remain active, with patience vital.