Investors

Arizona pension sees concerns in default uptick and increased competition

Staff of the $60bn Arizona State Retirement System, a long-time private credit investor, are still mostly optimistic about the asset class amid a push to diversify the programme.

Jirí Król: Private credit and the future of America’s 401(k)s

Policymakers increasingly recognise that private assets can serve as a valuable complement to public equities and bonds in retirement portfolios.

Retail market: Waiting for the music to stop

As semi-liquid evergreen fund funds attract individual investors, risk waits just around the corner.

LPs put managers under the magnifying glass

Amid the struggles in private markets fundraising, private debt has fared relatively well. But investors have concerns, and that means their manager due diligence is getting more demanding.

Blackstone taps BlackRock for APAC insurance solutions head

The private markets giant has made the hire as part of its drive to raise more capital from insurers, Private Debt Investor has learned.

Barings hires first APAC insurance solutions head in team buildout

The asset manager is also recruiting for an equivalent North America role as it looks to raise more capital from insurers.

City of Jacksonville eyes doubling private debt commitments

Investment consultant RVK estimates allocation of an additional over $200m would get the pension to its 7% target in 2029.

Why run a credit CV?

It is more in credit GPs’ interests to actively pursue liquidity than remain passive with tail-end portfolios.

AustralianSuper lifts the lid on private credit approach

Australia’s largest superfund enjoys the diversity and risk-return opportunities provided by private credit – and still works with managers in the asset class despite building out direct investing teams in infrastructure and property.

Australian regulator finds private credit market ‘has areas for improvement’

The Australian Securities and Investments Commission had greater concern around funds that target retail or high-net-worth investors, with institutional-grade products considered more sound.