Investors

Insurers seek to add more private debt through rated vehicles

Asset managers are racing to meet investor demand for vehicles that can show positive characteristics to regulators

To draw talent to impact, a rethink on fees may be needed

If impact is to attract the most talented GPs – and a wide pool of investors – it mustn’t make itself too expensive.

Nuveen plots second Australian real estate debt fund after securing CPPIB commitment

Nuveen Real Estate has held a second close for the fund on around A$650m following the investment, with a final close due this year.

Aware Super looks to US and Europe as private debt performs strongly

Australian superfund Aware Super is one of the largest domestic players in the asset class Down Under – and continues to deploy capital through GPs overseas.

Continuation vehicles are rewarding creativity

The CV is coming to private credit. Instead of lengthy workouts at the end of funds’ lifetimes, managers can simplify fundraising and give investors extra yield

AustralianSuper to enter European mid-market corporate lending

The $239bn retirement fund aims to pick GPs to invest in the asset class this year or early next, according to investment director Laurine Amiel.

Loan Note: Are LPs too focused on corporate credit?; European unitranche market in good health

Questions raised over whether LPs are failing to sufficiently diversify in private debt. Plus: signs of life in the European unitranche market; and Bridgepoint establishes music royalties partnership.

State Street: The rise of the retail investors

All private market asset classes stand to benefit, debt more than real estate or infrastructure.

HarbourVest report: Some LPs not taking a holistic approach to private debt

Investing sequentially, rather than simultaneously considering allocations in ABF and niche strategies, could be harming some LPs returns.

ABF may ease direct lending concerns

It remains to be seen how successfully direct lending can navigate current headwinds. LPs with heavy exposures may welcome the rise of asset-based finance.