United Kingdom

UK’s Border to Coast seeks PE, private credit lead amid buildout

The local government pension scheme pool, with over £50bn of committed client fund capital, is expanding its investment capabilities ahead of seven more funds joining its pool.

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.

UK’s Just Group investment heads exit after Brookfield deal

The CIO and investment strategy head exit the $36bn AUM life insurer after Brookfield’s recent move to acquire it, Private Debt Investor has learned.

NLC makes foray into private credit NAV lending

The non-bank lender will build on its sub-lines approach in entering a mature market.

Inside Phoenix’s £3bn private debt drive

Head of private markets Cecile Retaureau explains how the UK life and pensions firm is building its exposure to infrastructure finance. It is also adding to its private credit team.

17Capital on its $5.5bn fundraise: NAV lending growing with ‘adoption from the big names’

NAV loans are generally helping performing buyout funds, rather than those struggling with distributions, says partner Dane Graham.

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.

Q&A: Foresters’ Erik Vynckier wary of evergreens and copycat GPs

The outgoing investment chair of mutual insurer Foresters Friendly Society, who also runs his own investment office, outlines concerns about the private debt market and why he likes certain strategies and avoids others.

Guardian, Janus Henderson close strategic partnership

New York-London partnership closes less than three months after initial agreement, in latest union between an asset manager and an insurer.