Investors

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

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.

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

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

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

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

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

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.

The manager sells $1.4bn of loans in three BDCs and gates Blue Owl Capital Corp II.

The BDC market provides a window into more challenging conditions, while maturity walls may force restructurings.