Investors

Run-off evergreens and rolling vintage umbrella funds are giving LPs more flexibility than traditional closed-end drawdown funds.

There appears to be a disconnect between critical commentary in the mainstream press and private debt’s enduring appeal to investors. PDI gauges LP opinion.

Managers will expand their capabilities within asset-backed finance in 2026, but focus on partnerships with originators.

More visibility on portfolio company data will help the $613.7bn US pension better manage its risk, according to CEO Marcie Frost.

Kennedy Wilson has steadily built its real estate debt platform alongside its global equity presence ahead of its privatisation by the Canadian insurer.

The executive is moving on after some nine years with the Asian insurer, which has a $333bn asset portfolio, Private Debt Investor has learned.

The CIO has reassured the board that the pension is ‘not in a hurry’ to add private credit exposure, despite planning a new programme for the asset class.

Investors list the main causes of friction with private equity funds, in exclusive research released ahead of PEI’s NEXUS event in Florida.

The pension has been actively pursuing opportunities in the secondaries market over the past few years.

More and more LPs appear to be adopting an approach to allocation that could help them avoid portfolio imbalances due to volatility.