News & Analysis

Why volatility may see higher allocations

Private debt is viewed as a relatively safe asset class in times of turmoil, but not all LPs are entirely sold on its merits.

Loan Note: LACERS sees opportunity in distressed lending; trade body sizes US corporate credit

Private debt on the radar as LACERS seeks opportunity. Plus: LSTA measures the size of the asset class; and GCM Grosvenor links up with real estate investment firm.

Patron expands into real estate debt with strategic hire

The firm is aiming to raise as much as €700m in the next two years for its first dedicated credit strategy.

Ares names a new co-head of Europe alternative credit

Sehayek succeeds Applebaum, who is no longer with the asset manager; Questa remains the other co-head.

LPs slow their pace: ‘Nobody is getting fired for taking things slowly right now’

Contrary to a report in the Financial Times earlier in the week stating that the turmoil is spurring large institutional investors to explore selling out of private market positions, most LPs are not likely to make such reactionary decisions to sell at steep discounts.

AllianzGI’s APAC head exits after leadership reshuffle

The German asset manager, with around €18.5bn in private credit assets, will lose Desmond Ng in the summer.

Loan Note: BlackRock study finds corporate fundamentals holding steady; Janus Henderson in insurance partnership

Credit buoyed by solid corporate fundamentals says BlackRock. Plus: Janus Henderson and Guardian Life sign partnership; and Franklin Templeton launches latest interval fund.

MSCI: Private debt faces fundraising slowdown risk

While a tangible decline has yet to surface, prolonged sluggish fund performance predicts a negative trend.