Loan Note: UK superfund’s private credit push; direct lending delivers strong return in 2024

UK defined benefit pension superfund establishes private markets allocation. Plus: index identifies yield pick-up; and direct lending returns held up strongly in 2024. 

They said it

“When it comes to private credit, volatility is often associated with opportunity and outsized growth. Therefore, we expect the sector to continue to take market share, given its agility, locked-up funding and lower regulatory burden than its competition”

Marc Pinto, global head of private credit at ratings agency Moody’s

First look

All systems go: Clara Pensions to target up to 35% at alternative assets.

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