Investors

Eagle Point’s latest closed fund invests in the debt securities issued by BDCs, credit funds and mortgage REITs.

The asset manager’s investment chief cites ‘weird time arbitrage’ that the practice causes for evergreen investors who buy into vehicles at similar points.

Her departure from the Bermuda-based speciality insurance firm, which has a $6.9bn investment portfolio, follows its recent takeover by Japanese insurer Sompo.

Redemption requests in HPS Corporate Lending Fund exceeded the usual limit by more than 4 percentage points.

A California pension with about $37bn is shy of a 3% target for private credit, with a 1% actual allocation.

We’ve seen this movie before, but that was before private credit became a household term.

The deal will see the two firms work together with support and seed investment from Mitsubishi UFJ Trust Bank to provide two infrastructure credit strategies to global investors.

BCRED lifted its 5% redemption limit to 7% of assets.

The deal sees the existing minority shareholder take 80% of the European private credit business.

The new joint venture between Dutch insurer Achmea and US private markets manager Sixth Street plans to increase and diversify its private credit exposure and is expanding its investment team.