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Blackstone taps BlackRock for APAC insurance solutions head

The private markets giant has made the hire as part of its drive to raise more capital from insurers, Private Debt Investor has learned.

Barings hires first APAC insurance solutions head in team buildout

The asset manager is also recruiting for an equivalent North America role as it looks to raise more capital from insurers.

Carlyle beefs up senior direct lending

Memo outlines new positions to enhance the focus on private credit after a raft of promotions announced in July.

Rithm Capital announces acquisition of Crestline Investors

Rithm expects credit synergies with its asset management platform, and gains insurance and reinsurance foothold

UK’s Border to Coast seeks PE, private credit lead amid buildout

The local government pension scheme pool, with over £50bn of committed client fund capital, is expanding its investment capabilities ahead of seven more funds joining its pool.

UK’s Just Group investment heads exit after Brookfield deal

The CIO and investment strategy head exit the $36bn AUM life insurer after Brookfield’s recent move to acquire it, Private Debt Investor has learned.

NLC makes foray into private credit NAV lending

The non-bank lender will build on its sub-lines approach in entering a mature market.

Carlyle Global Credit posts record fee-related earnings as it expands ABF, insurance

Global Credit represents 43% of the company’s $465bn in AUM, helped by diversification beyond direct lending

Australian Retirement Trust appoints first head of private credit and seeks UK head

A high-level investments team restructure has seen the fund create several new senior portfolio manager roles within its mid-risk investments function.

Credit specialist Crescent taps ex-17Cap partner to lead GP financing strategy

Gregory Hardiman, who previously co-led 17Capital’s US investment efforts, has been named managing director and head of GP-LP solutions at Crescent Capital.