Investors

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.

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

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

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

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

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.

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.

Complexity of structuring and operational risks are key concerns among institutional investors.

The €590bn Dutch pension fund manager has awarded an impact-focused portfolio to UK-based Schroders Capital.

Texas’s director of private credit highlights concerns over undisclosed issues in GPs’ portfolios.