Investors

The US asset manager has shaken up its insurance team leadership after acquiring rival PineBridge, with its international solutions head departing.

The US firm has hired an executive from JP Morgan, as insurers and other allocators continue to push into private credit, Private Debt Investor can reveal.

Cambridge Associates’ Asia team is focusing more on asset-based finance, lower mid-market direct lending and speciality lending, with an eye on regional diversification.

Investors have concerns over the region – but that doesn’t mean capital will be redirected elsewhere any time soon.

BDC redemption rates have increased sharply due to numerous macroeconomic issues and uncertainty around the impact of AI, but this could precede a rebound in credit fortunes.

In an era of proliferating zombie funds, the best way to survive the undead is to spot them before they stop breathing.

The latest vintage of the series, which previously held rights to Taylor Swift’s catalogue, continues its focus on acquiring cashflow-generating assets.

Speaking at a PEI Investor Council event in Sydney, the superfunds said their debt portfolios were performing well and that recent high-profile fund redemptions did not change market fundamentals.

Despite more positive attitudes towards Europe as an investment destination, fundraising in the region remains low.

The global direct lending platform is comprised of around 10 vehicles across a variety of structures.