Investors

AlbaCore and MUFG team up for infrastructure debt platform

The deal will see the two firms work together with support and seed investment from Mitsubishi UFJ Trust Bank to provide two infrastructure credit strategies to global investors.

Investors pull $3.7bn from Blackstone evergreen

BCRED lifted its 5% redemption limit to 7% of assets.

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.

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.

Jirí Król: Changing retail investors’ attitude to liquidity

Alongside performance and credit quality, liquidity has emerged as an equally important consideration, writes the global head of the Alternative Credit Council.

BNP Paribas: ‘Alternative” evergreen structures attract institutional investors

Run-off evergreens and rolling vintage umbrella funds are giving LPs more flexibility than traditional closed-end drawdown funds.

CalPERS wants its GPs to do better on transparency

More visibility on portfolio company data will help the $613.7bn US pension better manage its risk, according to CEO Marcie Frost.

Fairfax times the cycle with a bet on a manager intent on scaling its credit business

Kennedy Wilson has steadily built its real estate debt platform alongside its global equity presence ahead of its privatisation by the Canadian insurer.

AIA losing reinsurance CIO, group ALM head

The executive is moving on after some nine years with the Asian insurer, which has a $333bn asset portfolio, Private Debt Investor has learned.

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.