Asset Allocation
Private Credit ‘at a Crossroads’ in 2023
The $2.18 trillion market is ‘flashing warning lights,’ and deal activity is expected to slow, according to a Proskauer report.
Tag: Private Credit
Asset Allocation
Correlation in 2022 Prompts Thoughts on How to ‘Lose Less’
Investors rethink allocations as performance volatility arises.
Pensions
Ohio State Pension Approves New Asset Allocation
OPERS increases its exposure to alts and U.S. equities, while cutting back on fixed income and foreign equities.
Asset Allocation
Asset Managers See Further Potential in Private Credit Market
Amidst market uncertainty imposed by the pandemic and interest-rate hikes, portfolios have thrived in private credit; both CalSTRS and the CAIA Association hosted asset managers to discuss the asset class.
Newsmakers
Alternative Asset Managers Launch ESG Disclosure Tool
Template aims to improve transparency and consistency for companies and credit investors.
Research
Higher Rates to Squeeze Middle-Market Private Credit Market, Reports Kroll
Kroll report details a private credit sector protected from systemic risk by financing dexterity, and strong relationships between private equity sponsors and private credit lenders.
Manager Selection
Sean Bill, CIO of Santa Clara Valley Transportation Authority, to Retire in March
He will be taking a new position as chief investment officer of Bay Area private credit fund Prime Meridian Capital Management.
News
Private Credit: Too Risky? Not for Asset Allocators
Moody’s takes a dim view of direct lending, but the asset’s safety record is pretty good.
Asset Allocation
Franklin Templeton Bolsters Alts Business With $1.75 Billion Lexington Buy
The acquisition is intended to increase the firm’s real estate, private credit, and hedge fund strategies.
Asset Management Culture
How Asset Owners Can Integrate ESG into Fixed Income
Greater data in the asset class will go a long way, says a Willis Towers Watson report.
Asset Allocation
CIOs See Fixed Income Targets in High Yield, Emerging Markets, Private Credit
Panel of investment managers expects high short-term inflation, but says it’s not a concern.
Alternatives
Credit Investments to Watch: Private Credit, Securitized Credit, and Alpha-Oriented Mandates
Asset owners should dig their heels into renewables financing, bank capital relief trades, and other less ‘vanilla’ strategies, says Willis Towers Watson.
Tactical Shifts: How Institutional Investors Are Adjusting Asset Mixes Now
Private credit, real estate, emerging markets. Here are the ways CIOs at HOOPP, the James Irvine Foundation, and two others are solving the allocation puzzle.
Asset Allocation
Special Report: How Private Credit, Subject of Scary Forecasts, Came Out a Winner
Institutional investors like Arizona’s pension plan have done pretty well with this newly popular asset class.
Asset Allocation
CalSTRS Allocates $1 Billion to Direct Lending Firm Owl Rock Capital
The mandate includes opportunistic credit and diversified lending strategies.