Asset Allocation
Why Private Credit May Not Be as Good as It Looks
Factor in risk adjustments and fees, and this fast-growing asset class’s high returns get whittled down, an academic paper finds.
Tag: Private Credit
Research
Insurers Increasingly Interested in Private Credit, Per GSAM
Insurers who manage $13 trillion in the Americas and APAC see high returns in private credit, according to Goldman Sachs’ 13th annual global insurance survey.
Pensions
CalPERS Approves New Private Assets Allocation in Private Equity Push
The pension fund will increase private market assets to 40% of its portfolio, up from 33%, reducing equities and fixed income.
Asset Allocation
Private Capital Payouts Are Sub-Par, Hamilton Lane Charges
These alternative asset funds reduce distributions to investors amid high rates and recession jitters.
Risk
Is Private Credit Starting to Show Some Stress?
A pair of global lenders have disclosed bad private credit deals in recent weeks, spotlighting the need for due diligence in the sector.
Asset Allocation
Private Credit Is Changing Everything, Even Bankruptcy
Restructuring professionals report an uptick in both restructuring activity and private equity sponsors considering turning indebted businesses over to their lenders.
Asset Allocation
Connecticut Commits $1.1B in Private Credit, Real Estate Investments
Treasurer Erick Russell looks to diversify the state pension funds’ private credit portfolio through two European funds.
Asset Allocation
Private Credit’s Rise: You Ain’t Seen Nothin’ Yet
Consulting firm Oliver Wyman predicts even greater use of this category of debt.
Asset Allocation
How 4 Canadian Pension Behemoths Achieved Investing Success
A research paper profiles value-enhancing deals by the likes of CDPQ and PSP.
Alternatives
M&A, VC, AI Activity Expected to Increase in Next 5 Years, per Coller Capital Survey
The semiannual private equity barometer survey included 110 PE managers answering questions about artificial intelligence, private credit and more.
Why Private Credit Is So Darn Popular
Yields are high, and well-fixed institutions back them, but what happens in a recession?
Asset Allocation
Equity Gains Buoy Ohio School Employees’ 7.4% Return in Fiscal 2023
The School Employees Retirement System of Ohio topped its benchmark and raised its asset value to $17.8 billion.
Asset Allocation
For Energy Transition Investing, Allocators Eye Private Assets
They provide diversification, and use of them will grow, a Schroders survey finds.
Alternatives
Goldman Sachs Asset Management Announces Partnership With Ontario Municipal Employees Retirement System
The partnership aims to invest in senior direct lending opportunities in Asia Pacific.
Asset Allocation
How Institutional Investors Are Thinking About Alts
CIO’s NextGen honorees share their thoughts on a range of alternatives, from venture capital and private equity to private credit and infrastructure.