Direct lending

Russell launches private debt fund of funds for professional investors

The fund will offer access to an initial group of seven private debt funds through an evergreen structure with quarterly liquidity.

DOWNLOAD: Fundraising sees Q3 revival

Fundraising bounced back in Q3 with average fund size continuing to increase, according to the latest PDI Fundraising Report.

Behind NMSIC’s private debt pacing plan

New Mexico’s sovereign wealth fund wants to put more than $1bn toward private debt per year.

Golding’s Schramm at ease with slow M&A market

Head of private credit Jakob Schramm discusses diversification, German attitudes to investing and a trend moving over from the US.

Apollo plans to have $1.2trn credit AUM by 2029

The New York-based firm is also planning $275bn in origination annually by 2029.

Cliffwater: Private debt yields 7.87%, short of its expectations

Institutions may be sacrificing some yield for the sake of diversifying, says CEO Stephen Nesbitt.

Reports: JPMorgan launches $10bn private credit partnership

The partnership will include Cliffwater, FS Investments and Shenkman Capital Management.

Blackstone hires private credit veterans for infra and asset-based group

The firm says the new partners will help fuel continued growth of its infra and asset-based credit platform.

Survey: Private credit secondaries’ surge has not yet come

Campbell Lutyens also finds concerns among investors that private credit is growing too quickly.

Moody’s: Apollo, State Street ETF proposal raises questions of liquidity mismatch

If the SEC approves it, the success of this novel ETF could influence the creation of others like it