United Kingdom

UK’s Border to Coast hires lead PM for private debt, PE and climate

The local government pension pool, with an asset portfolio set to expand to £110bn, has completed its alternatives leadership team, Private Debt Investor has learned.

Standard Life adds two private debt PMs amid in-housing drive

The UK insurer, formerly Phoenix Group, is also seeking a new CIO and has reported 8.6% year-on-year growth of its asset portfolio to £317bn.

Latham & Watkins: Private credit moves from depth to breadth

Private credit managers are expanding the menu of products and structures they offer as borrowers seek out further flexibility and creativity, say Latham & Watkins’ Stelios Saffos, Dan Seale, Alfred Xue and Peter Sluka.

Nuveen’s takeover of Schroders to create $2.5trn asset manager

Schroders Capital, the private capital arm of Schroders, manages more than $25bn in private equity assets.

Apollo inks wealth deal with Schroders, posts $5.9bn earnings

Partnership to focus on hybrid, public/private and debt investing. Apollo sees strong growth in earnings from fees and spreads.

Phoenix investment heads exit amid cost-cutting push

Several senior executives have left the UK life insurer ahead of its imminent rebranding as Standard Life, Private Debt Investor has learned.

Credit manager M&A spree raises diligence issues for LPs

Fund allocators such as Goldman Sachs’ external investing group and Allianz Global Investors are putting more focus on rising private debt GP consolidation.

DOWNLOAD: LP data reveals biggest private debt allocators

CalPERS and the European Investment Bank were among the leading investors in credit funds last year.

DOWNLOAD: Fundraising hits new high in 2025

Fundraising hit a new record in 2025, but only just!

Pearl Diver partner: CLO tranches offer ‘something for everyone’

London-based manager’s new open-ended global interval fund focuses on synthetic risk transfer and capital relief.