News & Analysis

Chicago Teachers’ Pension Fund formalises private debt allocation

CTPF’s private debt target allocation will be phased in over a 36-month period beginning 1 July.

Insurers seek to add more private debt through rated vehicles

Asset managers are racing to meet investor demand for vehicles that can show positive characteristics to regulators

NorthWall enters senior debt; holds first close for credit opps

The London-based opportunistic credit specialist has held first closes on a number of different strategies as it says investor interest in Europe is growing.

To draw talent to impact, a rethink on fees may be needed

If impact is to attract the most talented GPs – and a wide pool of investors – it mustn’t make itself too expensive.

Loan Note: New fund finance platform launched by Varde, CPP; First Eagle reveals new real estate debt fund

Varde Partners and CPP join forces in fund finance. Plus: First Eagle launches real estate debt fund; and KBRA finds recurring revenue loans outperforming.

Lending and the art of ‘checking’

Will the most suitable lender win the deal in today’s market? Not necessarily, says Charlie Perer of SG Credit Partners, as intermediaries draw up rules of engagement that invite a wide number of participants.

Nuveen plots second Australian real estate debt fund after securing CPPIB commitment

Nuveen Real Estate has held a second close for the fund on around A$650m following the investment, with a final close due this year.

S&P: Regulators enhance oversight of private markets

A new report sees more regulation as an ‘important step forward’, in private credit especially.

Polus raises €425m for CLO equity first close

The fund is expected to follow a similar strategy to its predecessor of investing in equity tranches of Polus CLOs.

Pimco extends specialty finance fundraising; seeking $5bn

The asset manager is rumoured to be lengthening its fundraising period, having previously outlined an opportunity to help clients diversify their private debt portfolios.