Fund managers

T Rowe Price, Goldman Sachs unveil private markets interval fund

The multi-strategy fund is the latest offering of the duo’s strategic collaboration announced in September 2025

GCM Grosvenor closes credit secondaries fund on $1.2bn

The North America-focused fund exceeded its $886m target, with the fundraise expanding its private credit platform.

Private credit’s asset-backed pivot

Scrutiny over software, BDC liquidity diverting managers’ attention back to what could be a $20trn market.

Sun Life’s Asia asset management chief exits

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

Blackstone credit inflows slow in Q2

But growth in insurance inflows helped boost total credit inflows to $33bn, nearly 50% of the firm’s total.

Insurers weigh opportunity and risk

Insurance firms are among private credit’s biggest supporters, but do they have the internal safeguards to engage appropriately with the asset class?

Wellington to manage semi-liquid funds holding Blackstone, Vanguard investments

Geared to private wealth clients, the end funds will combine public and private assets and have limited distribution at first.

S3 Capital details next platform targets following $10bn milestone

The New York-based manager is looking for construction lending opportunities in and beyond the stateside Sun Belt market for its next $10bn of volume.

AllianceBernstein installs APAC head of insurance solutions

The US asset manager has hired David Luo from insurer AIA for what is understood to be a newly created role.

Partners Group grows royalties AUM to $1.5bn

The firm reported significant growth in royalties investments in the first half of 2026, as investors seek diversification.