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Private Credit
Why some asset owners are rethinking the GP-LP relationship
Ontario Teachers’ latest platform agreement with M&G illustrates how an increasing number of the world’s largest institutional investors are building deeper, longer-term partnerships with specialist managers to improve alignment, access and scalability.
Private markets raise the bar for insurers
As insurers’ strategies become more sophisticated, success will increasingly depend on scale, expertise and technology.
Why investors are embracing private credit secondaries
Private credit secondaries are growing rapidly, with the strategy’s appeal extending beyond discounts, offering investors greater portfolio visibility, faster deployment and reduced J-curve effects.
Manager selection key to direct lending
As direct lending matures and defaults begin to rise, institutional investors are placing greater emphasis on underwriting discipline, workout capabilities and manager specialisation.
Private credit faces its first real test
Moody’s believes long-term growth remains intact as the asset class evolves into a broader financial ecosystem.
Revitalising private credit portfolios
As private credit markets expand, institutional investors are looking beyond traditional direct lending strategies and paying closer attention to portfolio construction, liquidity management and manager selection.
How L&G’s annuity portfolio is evolving
Roman Hederer explains how the UK insurer is adapting its annuity strategy through private markets, productive finance and new sourcing partnerships.
Credit check
Institutional investors remain committed to private credit despite mounting scrutiny of the asset class, but are becoming more selective around underwriting standards and manager quality.
Insurers see value in private credit as risks come into focus
Private credit continues to offer attractive risk-adjusted returns, but manager selection and underwriting discipline will become increasingly important.
How AI is reshaping private markets
AI is accelerating change across private equity and credit, forcing investors to reassess risk, resilience and operational alpha
Is private credit in turmoil?
The asset class has regularly been in the headlines and the concerns are legitimate – but these issues can also be interpreted as signs that the sector is maturing.