The loans finance a variety of infrastructure assets, which are located primarily in Western Europe and the US.
Survey of investors and managers points to interest in the asset class continuing to rise.
Recapitalisations and refinancings surpass M&A, but investment banks expect a turnaround.
APRA will soon publish a review into how superfunds value unlisted assets, with ASIC supporting the work as it considers systemic risk to the wider financial system.
The US-based pension fund commits to OrbiMed Royalty & Credit Opportunities V.
The public pension fund committed $50 million to FP Credit Partners III.
Manager will refinance $2.8bn of EQT’s debt and get an equity interest in the natural gas firm valued at $8.8bn
Regulatory reform is helping to drive more family offices to invest in alternative assets. Latham & Watkins has added a number of new professionals to its restructuring team.
In the wake of the UK budget and US election result, private debt investors may adopt a cautious stance – but still be ready when an opportunity comes along – says Claire Madden of Connection Capital.
Montana Board of Investments announced it had made several commitments to private debt at its latest November meeting.