Investors

CalSTRS eyes dynamic one-fund approach for 2026

The potential adoption of this strategy follows in the footsteps of CalPERS, which implemented a total portfolio approach this past November.

Credit manager M&A spree raises diligence issues for LPs

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

First Brands founder indicted as new liquidity approved

Bankrupt auto parts firm’s founder and his brother indicted on charges of defrauding banks and investors.

Investors tender $527m of shares in tech-focused Blue Owl BDC

The manager previously moved its redemptions threshold to 17% from 5%.

Credit secondaries is set for another banner year

Credit secondaries ranked second only to PE in deal volume across both LP-led and GP-led transactions in 2025.

Investor support for North America starts to fade

Our latest snapshot of LP opinion appears to suggest capital flows may be changing direction.

CVC agrees $3.5bn credit and secondaries partnership with AIG

The deal will see the American insurer commit significant capital to private and liquid credit strategies.

DOWNLOAD: LP data reveals biggest private debt allocators

CalPERS and the European Investment Bank were among the leading investors in credit funds last year.

Inside Allianz’s push into private debt secondaries, co-investments

Marc Smid, who oversees the German insurance giant’s private debt fund of funds, sets out his expectations and concerns with respect to GPs.

Connecticut pension approves $2.7bn credit allocation in 2026

The state pension fund looks to boost allocation from 6% to 10% by 2029.