Home Pensions


TCW raising its seventh direct lending vehicle

The fund will operate as a business development company and is targeting $2.5bn.

WhiteHorse, STRS of Ohio create JV to invest in the mid-market – updated

The two entities created a joint venture with $125m of committed capital with the hope of acquiring additional financing.

ASRS considering over $1.5bn in debt commitments

The pension fund passed a new asset allocation plan last summer, which raised the fund’s private credit allocation.

Contra Costa County looks to commit up to $200m to distressed debt, buyouts

The firm’s private equity portfolio has a 5-15% sub-allocation to special situations.

SBCERA puts aside $270m for existing multi-strat accounts, $230m for new commitments

The pension fund has awarded several GPs master custody accounts that follow credit strategies.

South Korea’s NPS to overhaul alternative investment teams before 2019

The world’s third-largest public pension is reorganising its six alternative investment management teams into three divisions, but compensation of internal staff will likely be unchanged.

DPFP to focus on emerging markets debt

The pension fund plans to deplete its debt allocation to zero and raise its emerging markets debt allocation to 4%.

Why pension confidence in Europe is frayed

Europe’s pension plans see a big future for alternative credit, but faith is weak in their home region and strategies are being revised as a result.

KTP seeks multi-credit strategy across the US and Western Europe – exclusive

The state-backed pension fund is on the hunt for managers to diversify its private corporate investment portfolio and ramp up offshore alternative investments.

Korea Post: ‘Encourage GPs to open Korea office’

Having a local presence greatly influences the investment decisions of Korean institutional investors, delegates heard at the PERE Investor Forum Seoul 2018.

Copyright PEI Media

Not for publication, email or dissemination