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How Neuberger’s ‘first mover’ Japan JV will navigate headwinds

Global headlines around US private credit have prompted many investors to ‘look more carefully’ at different market structures, managing director Yasuyuki Fujita tells PDI.

L&G hires new CIO from Pension Insurance Corporation

Rob Groves joins the UK group to oversee its £93bn retirement annuity portfolio, which includes £22bn in private credit, as well as property and infrastructure.

StepStone alums launch advisory shop to build customised portfolios for smaller LPs

Brey Jones and John McGuinness have formed Thirdpath, an advisory shop focused on constructing customised private equity and private credit portfolios for institutions.

Nominate the Women of Influence in Private Markets 2026

Tell us who you think should be included in our sixth annual list, which celebrates the achievements of women working across the alternatives ecosystem.

Blue Owl returns 35% of BDC’s NAV to investors

Co-chief executives Marc Lipschultz and Doug Ostrover are no longer using company shares as collateral for personal loans.

New France head for ICG strategy

Mathieu Paillat, a former PAI Partners executive, will join as part of the European Corporate strategy, which focuses on flexible capital solutions.

Ares names new Asia credit head

An ex-Goldman Sachs executive will succeed Edwin Wong, with new co-heads for the Asia special situations strategy also in place.

SMBC Private Markets hires Stride to lead EMEA market push

SMBC has appointed Louis Stride to lead its EMEA private markets capital formation business amid a wider strategic plan.

UK’s Border to Coast hires lead PM for private debt, PE and climate

The local government pension pool, with an asset portfolio set to expand to £110bn, has completed its alternatives leadership team, Private Debt Investor has learned.

Standard Life adds two private debt PMs amid in-housing drive

The UK insurer, formerly Phoenix Group, is also seeking a new CIO and has reported 8.6% year-on-year growth of its asset portfolio to £317bn.