North America

CalPERS aims to diversify direct lending-heavy portfolio as it ramps credit allocation

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

Oaktree makes it three: Insurance exec hires of 2025

After EMEA and, reportedly, APAC, the Americas gets an insurance honcho.

Korean LPs look to Europe as US volatility underscores concentration risk

Korea Investment Corporation is among those seeing more opportunities emerge in European credit markets, director JunChan Yoon noted at PDI’s Seoul Forum on Tuesday.

‘Wait and see’ from FOMC, ‘Back to basics’ from BlackRock

New report, “Looking ahead,” justifies ’selective move down’ in credit quality.

Chicago Teachers’ Pension Fund formalises private debt allocation

CTPF’s private debt target allocation will be phased in over a 36-month period beginning 1 July.

Insurers seek to add more private debt through rated vehicles

Asset managers are racing to meet investor demand for vehicles that can show positive characteristics to regulators

Lending and the art of ‘checking’

Will the most suitable lender win the deal in today’s market? Not necessarily, says Charlie Perer of SG Credit Partners, as intermediaries draw up rules of engagement that invite a wide number of participants.

S&P: Regulators enhance oversight of private markets

A new report sees more regulation as an ‘important step forward’, in private credit especially.

Carlyle, Citi form asset-backed finance partnership for fintech lenders

The partnership formed following Carlyle’s September purchase of home equity sharing company Unison.

Aware Super looks to US and Europe as private debt performs strongly

Australian superfund Aware Super is one of the largest domestic players in the asset class Down Under – and continues to deploy capital through GPs overseas.