News & Analysis

New Jersey Division of Investment outlines 2021 private credit pacing plan

The US public pension plans to gradually increase its private credit exposure.

Confused ratings: Don’t get lost in the shadows

Credit ratings are a vital tool for corporate debt borrowers and issuers. They should not get mixed up with non-rating opinions, urges Joshua Thompson of law firm Sidley.

Looking ahead to a bigger playing field

Panellists at our Investor Day predicted a bright future for the asset class, but there was a word of warning for US managers to up their game on ESG.

Loan Note: Ares gives up carry for charity; Antares’ market survey

Ares carves out slice of fund’s carry for charitable causes. Plus: an optimistic new study from Antares and DunPort gets backing for Irish SME fund. Here’s today’s brief for our valued subscribers only.

Metrics Credit acquires Investec Australia corporate loan portfolio

The deal is part of Investec’s withdrawal from the Australian market.

SURS introduces private credit to its portfolio offering

The US public pension is establishing a private credit asset class within its credit-focused fixed income portfolio.

Leon Black’s early exit is latest in Apollo’s refocus on governance

The alternatives giant had said in January it would focus more effort on governance and reputational risk.