Investors

Investors are increasing their allocation to private debt, but many remain below target.

The pension fund giant has hired Mascha Canio, who has managed public pension assets, to the new role.

Having picked its first private markets fund, NOW: Pensions will move into other illiquid assets, potentially alongside Mercer, director of investment Martyn James tells PERE.

The outgoing investment chair of mutual insurer Foresters Friendly Society, who also runs his own investment office, outlines concerns about the private debt market and why he likes certain strategies and avoids others.

Youngshin Park, a 20-year veteran of the country’s LP community, explains what makes Korean LPs tick and outlines the best strategies for accessing this rich source of capital.

IMM Credit & Solutions already has around $2.2bn of AUM across 12 investments, chief executive Chan-Woo Park and vice-president Jong Weon Lee tell PDI.

The partnership mirrors a recent announcement from another retirement services provider that touched off regulatory scrutiny.

After exploring Europe’s credit landscape, the $16bn Californian pension is looking to add a manager targeting an overseas strategy this fall.

The subject has taken priority at recent meetings of trade group Institutional Limited Partners Association, sources tell affiliate Private Equity International.

NOW: Pensions aims to build a private markets portfolio, potentially alongside Mercer, says director of investment Martyn James.