Fund Management

Head of private markets Cecile Retaureau explains how the UK life and pensions firm is building its exposure to infrastructure finance. It is also adding to its private credit team.

Why the ability to deploy capital quickly is becoming key to a manager’s ability to tee up their next fund.

Widening spreads make the product attractive, key executive says.

Tariff-generated volatility froze capital raising in its tracks in Q2, but investors of all stripes are preparing bigger private debt allocations.

The firm’s debt fund hit $525m, beating a target of $500m, while its structured equity fund closed on $500m.

There is much talk of LPs expanding into new areas of private debt, but some are simply choosing a new approach to a familiar strategy.

The pension fund giant has hired Mascha Canio, who has managed public pension assets, to the new role.

Mark Jenkins, Carlyle’s head of global credit, will become co-president of the firm alongside John Redett and Jeff Nedelman.

The Goldman Sachs veteran has taken on the role after a year as a strategic adviser and decades in wealth management.

Direct lending to sponsor-backed corporates has become a crowded market, Federated Hermes’ report found.