United Kingdom

Private markets fundraising conditions are tightening, but managers with a track record can still attract investors to property credit.

This year has seen a trend of new aviation finance platforms; the newest entrant targets a portfolio of $2bn.

A recent note from the FCA highlighted both the rapid growth of the asset class and various areas of concern.

Continuation vehicles backed by Pantheon will acquire a total of roughly $2bn of private credit investments.

Our annual ranking of private credit’s biggest fundraisers also shows capital raising increasing overall – and rising especially fast for the largest fund managers.

Aston Martin, makers of James Bond’s iconic car, creates a JCrew-style trapdoor – BlackRock is both beneficiary and casualty.

TWG is working with state and federal regulators regarding undisclosed insurance-affiliated assets.

Rachel Farrell will leave the £68bn UK pension fund, which is looking to in-house more investment decision-making while also working with a broader range of GPs, PERE has learned.

The partnership – also comprising CVC, Goldman Sachs, Prudential Financial and MS&AD – will initially originate up to £2bn of assets over five years. It means Standard Life could acquire defined benefit schemes as large as £25bn, says interim CIO Nuwan Goonetilleke.

Some investors have been ‘housing capital’ in evergreens before redeeming to fund a Hamilton Lane SMA, co-chief Erik Hirsch said on a Tuesday earnings call.