Investors

Marc Smid, who oversees the German insurance giant’s private debt fund of funds, sets out his expectations and concerns with respect to GPs.

The state pension fund looks to boost allocation from 6% to 10% by 2029.

The fund will follow its predecessor in backing performing credit opportunities driven by the region’s rapidly developing economy.

Our data for private credit capital raising by strategy shows investors once again diversifying their commitments rather than concentrating them.

LACERS has set in motion a plan to grow allocation to the asset class from 1.9% to 5.75%.

The firm reached its hard-cap for BSP Real Estate Opportunistic Debt Fund II with 29 months of time logged fundraising on the road.

The appointee joins from rival firm FWD following the previous incumbent Phil Joubert’s move from AIA to Oaktree Capital Management last year.

The sale is expected to be the first in what could be a series of fund stakes offerings by the sovereign fund as it works to manage its portfolio.

Fundraising hit a new record in 2025, but only just!