Iceberg
Headline default rates in private debt may be just the tip of the iceberg, with plenty of other dangers lurking in the dark below the surface.
Pendulum
A growing number of mainstream players are committing to impact strategies.
Factory emitting pollution
Engagement over ESG takes priority as fund managers try to balance the US and Europe divide.
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As the regional banking crisis abates, subscription finance settles into rhythm.
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From limited partners to continuation vehicles, the borrower cohort for NAV finance is widening.
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As the NAV finance market continues to grow, it is attracting increasing attention – and not all of it positive.
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Deal volumes declined slightly from highs seen in Q2 but strong deal activity is expected for the rest of the year.
Depending on which allocator you speak to, private credit presents either a promising way to invest with impact, or sustainability's 'humungous gap'.
Chicago Teachers' Pension Fund has brought its private credit manager search to a close as it looks to commit up to $400m to the asset class in the next five years.
Thermometer
Maryland pension poised to establish climate panel. Plus: the Alternative Credit Council charts the growth of private debt; and Aviva launches a private debt-focused Long-Term Asset Fund. 
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