News & Analysis

Oaktree hires senior AIA exec to lead APAC insurance coverage

The US private debt manager continues the global buildout of its insurance team with a view to managing more assets for clients in that segment.

Thorns among the evergreens?

Semi-liquid private debt funds are proliferating and hold obvious appeal, but investors must be alert to the risks.

LBBW, USS credit execs voice reservations on evergreens

The German fund of funds and UK pension fund have concerns around market concentration, timing of capital deployment, and liquidity, among other things.

Loan Note: Ares leads march of the ‘mega-tranche’; CLO rally may be false dawn

Ares leads fourth-largest private credit deal. Plus: CLO market could still be hit by “second order” effects; and emerging Africa/Asia infrastructure fund raises fresh capital.

Arena closes third special opps fund with over $1bn

With co-investments and other capital, the manager has beaten its billion-dollar target for the flagship strategy.

Sacramento County ERS targets 9% allocation to private credit

The pension will combine public and private credit into a singular credit asset class.

Texas PSF eyes higher level of allocations to nascent private credit portfolio

Following a deployment of $4.1bn to private credit that started in 2024, the $57bn Texas system’s staff is pleased with returns and stability of high-conviction managers in asset class

Crestline closes $3.5bn direct lending fund

Borrowers include both sponsor and non-sponsor backed companies across North America.