Fund Finance

The Keystone strategy is expected to remain relevant across fundraising cycles, says managing partner Ian Charles and partner Charlie Tingue.

Sweden’s LF, the Netherlands’ NN Group and UK firms Pension Insurance Corporation and Foresters Friendly Society are exploring new opportunities in illiquid credit.

The firm’s strategies fall under a shared platform, and each beat their targets.

The $4.4bn subscription credit facility reflects a shift in the way sustainability is integrated into private markets investment processes.

The deal will see up to €1bn of investment to grow Oaktree’s European direct lending platform.

LP interest in European opportunities against a challenging geopolitical backdrop has been well publicised, but how can lenders differentiate their offerings in an increasingly crowded market?

Investors are looking to expand into new strategies and sector specialisms as focus on the continent intensifies.

The UK insurer is talking to managers of collateralised loan obligations as it eyes new areas of private debt. It’s also active in fund finance.

The firm said its second NAV loan fund is set to benefit from increased demand from private equity firms seeking flexibility.

Private credit funds risk having fewer options for liquidity than before if other banks follow the Wall Street mainstay’s lead.