Justin Slaughter
Alaska Permanent Fund Corporation - a state-run investment vehicle that distributes dividends to all eligible residents - started investing in private credit before the financial crisis, and sees no reason to pull back now.
As more and more capital pours into global junior capital funds, unitranche and senior lenders are snatching up what might have been mezz loans.
As more and more capital pours into global junior capital funds, unitranche and senior lenders are snatching up what might have been mezz loans.
KKR would become the sole investment advisor to the vehicle.
A look back over the past 12 months sees private equity remaining in rude health with successful fundraising across both small and large investment houses. Deal activity – despite continued political uncertainty on both sides of the Atlantic – has remained resilient with a number of noteworthy transactions across the UK mid-market. A significant feature […]
Politics and regulation are inextricably linked with infrastructure, but John Carey and Rich Randall of IFM Investors are convinced that good opportunities can still be found.
.jpg "NYC pension system finalises $3bn account with KKR")
The city’s five pension funds had a total of $186.97bn in assets as of August.
FSAM’s proposed close followed the wind down of its BDCs, hedge fund and CLOs this year.
The firm deployed a total $1.6bn from its credit vehicles in Q3, primarily direct lending.
The pension plan’s $237m private debt portfolio was 4.3% underweight at the end of Q3.