Investors

City of Austin ERS moves to nearly triple private debt allocation

COAERS is expected to approve a 10% allocation to private debt as part of an overhaul to focus on that asset class and real assets.

Why evergreen funds are gaining popularity in Europe

Evergreen funds are becoming an increasingly credible option within private credit. James Oussedik and Joshua Jones of Proskauer explain why, and provide different examples of how they work in practise.

London CIV eyes secondaries for new private debt vehicle 

The UK pension fund is about to close its second private debt fund, which it aims to scale to £500m, and is looking to consolidate GP partnerships.

Temasek launches $7.5bn private debt platform

The Singaporean sovereign wealth fund’s platform will be separate from Seviora Group.

How far and how fast – all eyes on interest rates

The rate cycle has been a preoccupation of the private debt market for a while now. Initial assumptions of a smooth downward cutting cycle next year are being challenged.

NAV finance under scrutiny

As the NAV finance market continues to grow, it is attracting increasing attention – and not all of it positive.

For LPs, private credit inspires both frustration and hope when it comes to sustainability

Depending on which allocator you speak to, private credit presents either a promising way to invest with impact, or sustainability’s ‘humungous gap’.

Manulife loses investment head for Hong Kong, SE Asia

Cary Chan is leaving the Canadian insurance group after 14 years on the general account investment team.

Alternative Credit Council, EY: Private debt is a $3trn market

Survey of investors and managers points to interest in the asset class continuing to rise.

Private capital will be spontaneous post-budget

In the wake of the UK budget and US election result, private debt investors may adopt a cautious stance – but still be ready when an opportunity comes along – says Claire Madden of Connection Capital.