Direct lending

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

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

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

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

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

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

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

Amid the back-and-forth on the proposed banking rules, banks seem committed to a complete withdrawal from below investment grade lending.

The pension fund has increased its debt allocation to 5.4 percent, which has netted a 7.8 percent return year-to-date.