News & Analysis

New York-London partnership closes less than three months after initial agreement, in latest union between an asset manager and an insurer.

Senior direct lending’s return outpaced MSCI’s high-yield bond and IG corporate bond indexes in Q1.

Private debt is increasing its importance as a source of financing in Italy. Vieri Betti Guaraldi of Houlihan Lokey explains why.

Pension Protection Fund, a UK organisation that offers refuge for pension schemes transferred from insolvent parent companies, has got used to navigating its way through volatility. Sanjay Mistry, the firm’s head of alternative credit, outlines its adaptable approach.

Santa Barbara County Employees’ Retirement System’s recommendations include considering allocations to underrepresented private debt sub-strategies.

Specialty lending and real estate debt were mentioned as areas an interest for the next round of commitments from the $500bn-plus system after adding $18bn this fiscal year

Concerns are growing around the use of PIK notes in private equity deals. NorWall has acquired a consumer loan portfolio; and Schroders finds more LPs are favouring private credit.

Speaking at PDI’s Seoul Forum this week, executives from Hyundai Marine & Fire Insurance, Samsung Fire & Marine Insurance, National Federation of Fisheries Cooperatives and Government Employees Pension Service shared their key criteria for GP selection.

Carlyle has teamed up with Diversified Energy to lend against oil and gas assets. Ares has launched its first ELTIF; and Zenon joins forces with Unicaja bank.