Investment Grade Credit

Churchill launches capital solutions strategy: Noah Charney to lead

Manager anticipates an exclusively PE-sponsored, mid-market portfolio of high-quality companies that need some extra support.

Private credit’s asset-backed pivot

Scrutiny over software, BDC liquidity diverting managers’ attention back to what could be a $20trn market.

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.

Insurers weigh opportunity and risk

Insurance firms are among private credit’s biggest supporters, but do they have the internal safeguards to engage appropriately with the asset class?

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.

European insurers eye bigger private debt allocations

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

UK’s L&G mulls 25% rise in large infra debt allocation

The insurer’s head of portfolio management, Roman Hederer, sees more opportunities and value now in the asset class than a few years ago, particularly in Europe.

Woes continue at FS KKR: Enhancement actions announced

JPMorgan cuts exposure to the publicly traded BDC after downgrades and stock price dive.

Apollo breaks $1trn AUM and moves to report daily pricing for credit

CEO Marc Rowan says the totality of the firm’s credit business will be ‘100% daily pricing’.