Insurance

Blackstone credit inflows slow in Q2

But growth in insurance inflows helped boost total credit inflows to $33bn, nearly 50% of the firm’s total.

The debate rages over insurance risk in private credit

Insurers ventured into alternative credit for yield and diversification, but the question of whether the risks are appropriate remains unsettled

Carlyle-affiliated Fortitude Re strikes reinsurance deal with Unum

The deal to transfer $3.8bn of long-term care policies to Fortitude will earn Carlyle recurring fees.

Iran conflict drives rise in real estate lender caution

Margins remained stable during Q1, but Chatham Financial has observed growing nerves around agreeing loan terms.

US regulators aim sights on private debt risk as insurance interest grows

Talks between domestic and international regulators will begin in April and continue throughout the summer.

Moody’s: Structured finance becoming critical to origination of IG private credit

Alternative managers that sponsor structured finance JVs are using their minority stakes to bring investment grade debt to investors.

Dutch insurer Achmea Pension & Life hires CIO with private credit focus

The new joint venture between Dutch insurer Achmea and US private markets manager Sixth Street plans to increase and diversify its private credit exposure and is expanding its investment team.

Schroders Capital hires Asia fundraising head from Oaktree

Sabrina Meng will start in a new role at the British GP next month, Private Debt Investor has learned.

Apollo inks wealth deal with Schroders, posts $5.9bn earnings

Partnership to focus on hybrid, public/private and debt investing. Apollo sees strong growth in earnings from fees and spreads.

Credit manager M&A spree raises diligence issues for LPs

Fund allocators such as Goldman Sachs’ external investing group and Allianz Global Investors are putting more focus on rising private debt GP consolidation.