News & Analysis

Behind NMSIC’s private debt pacing plan

New Mexico’s sovereign wealth fund wants to put more than $1bn toward private debt per year.

Are we nearing a credit cycle downturn?

A plethora of pressures point to challenging times for some parts of the private debt market.

LP confidence grows as tests passed

Investor faith in the asset class has been preserved, even through challenging times.

Loan Note: Separate allocations for ABL under consideration; Mizuho and Golub join forces

Will direct lending and asset-based finance merit separate allocations? Plus: Golub teams up with Mizuho in Japan; and MSCI shows credit outperforming private equity.

Golding’s Schramm at ease with slow M&A market

Head of private credit Jakob Schramm discusses diversification, German attitudes to investing and a trend moving over from the US.

Apollo plans to have $1.2trn credit AUM by 2029

The New York-based firm is also planning $275bn in origination annually by 2029.

Cliffwater: Private debt yields 7.87%, short of its expectations

Institutions may be sacrificing some yield for the sake of diversifying, says CEO Stephen Nesbitt.

AIFMD II: What steps should managers take now?

New European regulation has some profound effects for loan origination funds – managers would do well to begin their preparations as soon as possible.

Reports: JPMorgan launches $10bn private credit partnership

The partnership will include Cliffwater, FS Investments and Shenkman Capital Management.