Investors

Yale sells up to $6bn of its PE portfolio amid federal funding challenge

The US university that pioneers the ‘endowment model’ is selling its PE investments in the secondaries market for the first time.

New Hampshire Retirement System commits $50m to direct lending fund

The public pension fund’s relationship with Comvest dates back to 2014, with a total of $190m of commitments to its funds.

Blackstone still confident in investors’ interest in private capital

Manager expresses caution on tariffs, but notes private credit accounted for half of inflows.

Why volatility may see higher allocations

Private debt is viewed as a relatively safe asset class in times of turmoil, but not all LPs are entirely sold on its merits.

LPs slow their pace: ‘Nobody is getting fired for taking things slowly right now’

Contrary to a report in the Financial Times earlier in the week stating that the turmoil is spurring large institutional investors to explore selling out of private market positions, most LPs are not likely to make such reactionary decisions to sell at steep discounts.

Fundraising’s fragile green shoots

Investor sentiment around private debt has proved determinedly positive, but funds have been finding the capital-raising environment tough. Did a surge in Q1 mean a corner has been turned?

First Eagle launches evergreen BDC

The public but non-listed vehicle plans to lend to borrowers with EBITDA of $5m-$50m.

Blackstone snares Fidelity’s APAC insurance head for regional buildout

Pierre-Emmanuel Brard’s hire is part of Blackstone’s global push to raise more capital from insurers, affiliate title PEI learns.

Freeport holds final close for Fund VI on $2bn

The direct lending fund beat its target by $200m and its predecessor by $300m in equity commitments.

Insurers take on more risk in infra debt as spreads narrow

How investors like Swiss Re and the UK’s Pension Insurance Corporation are adapting to this fast-maturing asset class.