Insurance

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.

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

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

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

Both in terms of its use cases and sources of capital, fund finance is stepping into a new era. Adam Summers and Ariel Zell, co-heads of Fried Frank’s Fund Finance Practice, alongside their new partner John Oberdorf, explain this evolution.

Collateralised loan obligations are resilient in the face of pressure and offer opportunities should infrastructure spending or merger activity soar in upcoming quarters.

The appointee joins from rival firm FWD following the previous incumbent Phil Joubert’s move from AIA to Oaktree Capital Management last year.

Effective 1 January, state insurance regulators will have more leeway to challenge credit ratings

Private real estate veteran Sonny Kalsi is to lead a growth strategy for Sun Life Capital Management, which aims to see its assets under management double to $600bn within five years.

Mitsui, a subsidiary of Tokyo-based MS&AD Insurance Group, will pay $1.44bn.