Fund managers

Sutta is taking over from Jim Moore, who will continue his role as Barings’ head of private placements.

Manabu Fujita, the UK asset manager’s most senior fundraising executive in Japan, is moving on after some three years, PEI Private Credit has learned.

A slowdown in returning cash to investors, stagnant funds and dry powder are among the issues affecting private credit fund performance according to new research.

The $5.4bn equity commitments beat the target, but the balance comes from leverage, related vehicles and a GP investment.

Private credit is finding opportunities across data centre capital stacks and physical infrastructure, as several issues lurk in the background.

With proposed reforms, regulators nudge and coax private funds towards ‘tickerisation’.

PEI Group data shows that real estate, receivables, royalties and more have piqued the $6.8bn system’s interest.

Despite rising gilt yields and growing concerns over the UK’s fiscal outlook, real estate lenders continue to deploy.

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