While the vibe at the PDI Europe Summit was largely positive, there are concerns over the asset class, though they’re not the ones currently getting most attention.
NPS, through a partnership with Townsend, will take its stake in the Australian private debt GP to 9.9 percent, with Pinnacle increasing its share to 35 percent.
The Sydney-based superannuation fund is continuing to diversify both geographically and strategically, attendees at our Europe Summit heard.
Rob Groves joins the UK group to oversee its £93bn retirement annuity portfolio, which includes £22bn in private credit, as well as property and infrastructure.
LibreMax Asset-Backed Income Fund targets asset-backed finance and traded structured credit opportunities.
Brey Jones and John McGuinness have formed Thirdpath, an advisory shop focused on constructing customised private equity and private credit portfolios for institutions.
CEO Michael Arougheti expressed confidence for future dealmaking as the effects of the Iran war normalise.
Southern California pension with $9.5bn in assets approves plans for a third year of stepped-down private credit commitments as it draws closer to allocation target
Co-CEO Marc Lipschultz pushes back on the 'panic' narrative, saying it is driven by sentiment, not fundamentals.
Blackstone’s Jon Gray took on the negative headlines around the asset class last week. The importance of a staunch defence against the criticism should not be underestimated.