News & Analysis

Rachel Farrell will leave the £68bn UK pension fund, which is looking to in-house more investment decision-making while also working with a broader range of GPs, PERE has learned.

Our PEI Private Credit 200 ranking shows capital raising increasing overall – and accelerating especially fast for the largest fund managers.

In today’s edition, Eagle Point deal shows interest of smaller lenders in data centre hyperscaling. Plus: Blackstone to put down roots in Kuwait; and specialist credit firm Edge Focus gets PE backing.

The partnership – also comprising CVC, Goldman Sachs, Prudential Financial and MS&AD – will initially originate up to £2bn of assets over five years. It means Standard Life could acquire defined benefit schemes as large as £25bn, says interim CIO Nuwan Goonetilleke.

The Texas-based firm said lower mid-market businesses in Europe are facing a significant funding gap.

The fund has already exceeded the total raised by its predecessor to provide senior loans to companies in the CEE region.

Stanger report also sees highs in redemption requests: 10.4% of NAV in Q and 12.4% in Q2.

The fund is Ninety One’s third vintage focused on senior credit in emerging markets.

In today’s edition; The Alternative Investment Management Association puts portfolio stress to the test. Plus: challenges in the CLO market despite big fundraising; and AGL gets Abu Dhabi approval. Here’s today’s brief for our valued subscribers only.

Houlihan Lokey’s paper offers the theory as Nvidia strikes deals with investment managers that illustrate the practice of AI infra buildout to the tune of $500bn.