Earlier this week the State of Wisconsin Investment Board discussed whether to expand its existing private debt programme to the wider Midwest. The board, which manages the assets of the Wisconsin Retirement System, the State Investment Fund as well as other state trust funds, has had a credit programme in place since the 1960s.
Friday letter: The North American model
In the US and Canada, investors have set strong examples of how getting into private debt directly could work for European institutional investors that are looking for good risk-adjusted returns.
