Senior Debt

LA Fire & Police content to continue measured deployment pace into private credit

A California pension with about $37bn is shy of a 3% target for private credit, with a 1% actual allocation.

New York Life and Candriam acquire majority stake in Kartesia

The deal sees the existing minority shareholder take 80% of the European private credit business.

LPs look past the negative headlines

There appears to be a disconnect between critical commentary in the mainstream press and private debt’s enduring appeal to investors. PDI gauges LP opinion.

Washington pension board expresses credit concern amid build-out

The CIO has reassured the board that the pension is ‘not in a hurry’ to add private credit exposure, despite planning a new programme for the asset class.

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.

New report: Private markets performance data

PEI Group’s quarterly fund performance reports analyse the state of private markets through the lens of our proprietary data to bring you market insights enriched by our reporting and editorial expertise.

Eurazeo and Pantheon complete €480m credit CV

The deal is the second between the two firms to provide liquidity to Eurazeo’s LPs while maintaining continuity for borrowers.

CVC to acquire US manager Marathon

The deal will significantly expand CVC’s presence in North America and follows the signing of a $3.5bn partnership with AIG.