Justin Slaughter
DPFP is still well under its 5% target allocation for the asset class.
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The Canadian firm is targeting $500m for Credit Lending Partners I fund.
The Global Credit Fund will originate loans to firms in western Europe and US.
Credit Opportunities III targets European companies with excessive leverage.
The partnership provided the term loan and revolving facility to a medical firm.
Jonathan Levy, director of policy and strategy at Vision Ridge Partners, tells Justin Slaughter that even with looser US coal regulations it’s possible to have private equity-like returns and still benefit the environment
Aflac made headlines in March by committing $500m to a mid-market senior loan portfolio managed by NXT Capital.
The North America and European funds are already more than 30% invested.
The firm has recommended the pension increase its private debt investments.
The Chicago-based firm has executed 49 deals since its 2015 launch.