Co-investment Lending

CalSTRS and Nuveen strike $2bn strategic partnership for debt fund and ‘adjacent opportunities’

The funds will be used for sustainable opportunities across Nuveen’s energy platform, including its Energy & Power Infrastructure Credit Fund II.

From ‘status quo’ to ‘remain in place’: ILPA updates CV guidance for an evolving market

The industry body’s prior guidance was ‘silent on a lot of things’, chief executive Jennifer Choi tells affiliate title Secondaries Investor.

Barings on the key drivers boosting infra debt growth

A confluence of structural mega-trends coupled with new types of capital entering the market make this an exciting time to be financing the energy transition, says Barings’ head of global infrastructure debt Pieter Welman.

Mercer closes private assets fund on nearly $4bn

Marsh’s investment manager outpaces the target for its eighth vintage.

StepStone Group closes $1.58bn credit opportunities fund

The firm’s Credit Opportunities Fund II collected more than double its target and will primarily invest in secondaries and co-investments

Samsung Asset Management eyes credit secondaries, co-investments

Such opportunities ‘can provide us with some downside protection against the macro flows rather than going with the flow as part of the herd’, says head and OCIO Seong Sup Cho.

Co-investment: The right deal for the right fee

Co-investment offers fee benefits and an opportunity for greater selectivity, but due diligence can be demanding and co-investors need to consider that they will remain passive investors.

Stepstone Group: Shifting portfolio construction fuels co-investment uptick

What are the pros and cons – and some of the challenges – of co-investments in private debt? Ariel Goldblatt, partner, and Marcel Schindler, partner and head of private debt, at StepStone Group, provide the answers.

Inside Allianz’s push into private debt secondaries, co-investments

Marc Smid, who oversees the German insurance giant’s private debt fund of funds, sets out his expectations and concerns with respect to GPs.

DOWNLOAD: Fundraising hits new high in 2025

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