Asia-Pacific

Australian regulator finds private credit market ‘has areas for improvement’

The Australian Securities and Investments Commission had greater concern around funds that target retail or high-net-worth investors, with institutional-grade products considered more sound.

Brighter Super open to new GP relationships following mergers

The A$35bn Australian superfund’s head of credit, Jason Huang, says private credit is ‘definitely not defensive’ but has an important role in its portfolio.

Temasek unit and Nexus take equity stakes in Post Advisory Group

The deal, expected to close this year, will bring new capital to the CLO platform as Principal and Nippon exit.

BCI says Europe exposure key for private debt diversification

After making major investments in the region this year, the Canadian LP says diversifying its credit portfolio with strategic agreements is a key pillar of its strategy.

Ares: ‘Enormous growth potential’ in APAC infra debt

Spencer Ivey has relocated to Sydney to spearhead Ares’ push into APAC infra debt, a market the firm feels may grow substantially over the next 10 years.

PIK, the quick fix that stirs controversy

Seen by some as a useful liquidity tool and by others as a disguiser of stress, payment-in-kind has become one of today’s big talking points.

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.

Sixth Street taps ex-Goldman vet to lead international fundraising efforts

Stuart Wrigley, who will also lead the firm’s Asia-Pacific expansion from a new Singapore office, joins following a 24-year stint at GSAM, most recently as head of its APAC client solutions group.

How Korean LP appetites for private markets are evolving

Youngshin Park, a 20-year veteran of the country’s LP community, explains what makes Korean LPs tick and outlines the best strategies for accessing this rich source of capital.

Gramercy optimistic about an EM ‘barbell’ portfolio

Manager argues that a weak dollar and attacks on the Federal Reserve enhance emerging-market opportunities.