North America

City of Austin ERS moves to nearly triple private debt allocation

COAERS is expected to approve a 10% allocation to private debt as part of an overhaul to focus on that asset class and real assets.

Temasek launches $7.5bn private debt platform

The Singaporean sovereign wealth fund’s platform will be separate from Seviora Group.

Sustainability: Are American and European investors so different?

The US may look to travel in one direction as Europe heads in the other. But there may be less to this divergence than meets the eye

BlackRock acquires HPS Investment Partners in $12bn deal

The acquisition will create a $240bn private debt platform, the fifth largest of its kind.

BDC Manager Ranking 2024

The Private Debt Investor BDC ranking looks at the biggest managers of business development companies in North America, with rankings for both public and private BDCs.

LPs push for disclosure despite anti-ESG rhetoric

Engagement over ESG takes priority as fund managers try to balance the US and Europe divide.

Alternative Credit Council, EY: Private debt is a $3trn market

Survey of investors and managers points to interest in the asset class continuing to rise.

Configure: Private debt financing of M&A falls below 50% in Q3

Recapitalisations and refinancings surpass M&A, but investment banks expect a turnaround.

Blackstone, EQT Corp form $3.5bn joint venture

Manager will refinance $2.8bn of EQT’s debt and get an equity interest in the natural gas firm valued at $8.8bn