Investors

Manulife IM targets APAC wealth channel with evergreen credit offering

Raising capital from wealthy individuals requires ‘a lot of support, a lot of handholding, a lot of guidance, a lot of education’, senior managing director Alex Catterick tells PDI.

DOWNLOAD: Most LPs underweight on private debt

More than half of institutional investors are underallocated to private credit.

NAV financing presents an ESG challenge

Uncertainty about the use of proceeds poses an issue for NAV lenders looking to manage ESG risks.

Five points to note about distressed debt

A larger and more diverse universe of opportunity for distressed debt and opportunistic credit is unfolding. There are a number of reasons why.

New CalPERS CIO and his innovative approach

Could a ‘Total Portfolio Approach’ model come to the nation’s largest pension system?

Vidrio and AW survey: Investors’ appetite undeterred by denominator effect

Credit strategy’s slice of the alternatives pie grew to $32.4bn in 2023 from $27.1bn the previous year.

CalPERS and CalSTRS to boost private credit allocations

CalPERS is adding 3% and CalSTRS 2% to private credit; the public equity allocation at both pensions will decline.

Vicenda receives €30m from EIF for inaugural credit fund

The firm is targeting €250m for its DACH-focused private debt fund.

Orange County pension eyes secondaries sale for private debt, potentially other funds

The system has not yet finalised a contract with a secondaries adviser.

The uneasy relationship between banks and funds

In some areas they co-operate but, in others, competition is increasing. Traditional and alternative lenders walk a fine line between friendship and enmity.