Investors

TRS of Louisiana’s private credit allocation could triple for fiscal year 2025

Teachers Retirement System plans to allocate as much as $1.2bn for distressed debt and direct lending.

Managers want more from the complex world of insurance

Insurance companies are already private debt’s most committed supporters, but the relationship has the potential to deepen further.

DOWNLOAD: LPs remain heavily underallocated to private debt

The latest PDI Investor Report tracks the biggest allocators to private debt and found many remain heavily underallocated.

It’s not only regulators who are worried

In a podcast released this week, Raymond Wright of London CIV broaches the issue of systemic risk in private debt. If LPs are concerned, GPs should be too.

One LP’s concerns over systemic risk

In the latest Private Debt Investor Podcast, Raymond Wright of London CIV tells of his wariness around loans passing from regulated bank balance sheets to an unregulated market. But he has high hopes for the asset class in areas such as asset-based finance and secondaries.

ILPA seeks LPAC vetoes and full disclosure over NAV loans

Trade group calls for LPAC consent in some cases, and for new fund documents to cover usage and limits.

Talk of strategic expansion may be overblown

Regulatory concerns focus on private debt’s perceived growth into new areas – but capital is flowing into an already well-trodden part of the market.

Arrow secures $400m from ADIA for real estate credit

The deal follows a number of major commitments to European private credit from the Abu Dhabi sovereign wealth fund.

Self-regulation under the microscope

The overturning of a plan to increase SEC oversight leaves private debt continuing to attract scrutiny from a wide range of organisations – including LPs.

Raising a NAV fund? Head to Korea

NAV’s inherent synergies with secondaries means the strategy is gaining significant traction among East Asian LPs.