Investors

401(k) Special: ILPA to publish guidance on how executive order impacts LPs

ILPA will also update its due diligence questionnaire template and introduce a retail capital section in light of recent developments, Neal Prunier, managing director for industry affairs at ILPA, tells PEI.

UK’s Just Group investment heads exit after Brookfield deal

The CIO and investment strategy head exit the $36bn AUM life insurer after Brookfield’s recent move to acquire it, Private Debt Investor has learned.

PIK, the quick fix that stirs controversy

Seen by some as a useful liquidity tool and by others as a disguiser of stress, payment-in-kind has become one of today’s big talking points.

Tacoma pension hunts for manager outside direct lending

A Washington pension is turning its attention to asset-backed lending, real estate debt and other strategies as it bolsters new private credit programme in $2.3bn portfolio.

Asset-backed finance, the ‘quiet giant’

Leading investors discussed emerging areas of private debt, the rise of data centres and concerns over PIK in a Private Debt Investor Network webinar.

Inside Phoenix’s £3bn private debt drive

Head of private markets Cecile Retaureau explains how the UK life and pensions firm is building its exposure to infrastructure finance. It is also adding to its private credit team.

Apollo, Blackstone, Carlyle, KKR enthusiastic about 401(k) plan executive order

While the EO is encouraging, significant regulatory and legal hurdles remain before it can be fully implemented, point out some PE pros.

Janus Henderson launches ABS ETF

Widening spreads make the product attractive, key executive says.

The weight of capital that will overcome fundraising blips

Tariff-generated volatility froze capital raising in its tracks in Q2, but investors of all stripes are preparing bigger private debt allocations.

Nuveen: The attractions of C-PACE for insurers, builders

The manager’s third vintage received $785m in commitments for the energy efficiency programme, which provides investors with long-duration income.