JP Morgan AM moves CFO to head up private credit
The chief financial officer of JP Morgan Asset Management has switched to a newly created role as head of private credit

Managers acquiesce on fees as small UK pensions seek private credit nest egg
Private credit fund managers are rejigging their fee structures in order to attract small UK pension schemes.

Ucits at a glance: Ucits continue to chart a steady course

Ucits at a glance: ucits continue to chart a steady course

BNP Paribas AM set to launch Nest-like private credit offer to UK pensions
French manager BNP Paribas Asset Management is set to launch a diversified private credit fund for smaller UK pension funds over the first half of 2020, similar to the one it structured for the pension scheme Nest  

UK pension partnership launches maiden private credit offering at £581 million
Border to Coast Pensions Partnership (BCPP) is set to commit £581 million in private credit, as part of its maiden offering in this asset class  

Italian journalists set for greater exposure to infrastructure debt
The pension fund for Italian journalists has launched a request for proposals in which it seeks exposure to infrastructure debt, along with infrastructure equity

45% of insurers look to increase private debt allocations, finds Natixis IM survey
Private debt allocations are expected to grow for 45% of insurers over the next three years, according to a recent survey by Natixis Investment Management. But regulation and internal restrictions are the biggest challenges to greater adoption of private markets allocation

Azimut hires ex-Dyal official as it aims to buy minority equity in asset managers
Azimut will initially focus on acquiring minority stakes in alternative asset managers with under $3 billion AUM – including private credit, private equity, infrastructure and real estate firms

Canadian pension awards €300 million to middle market real estate debt
Canada Pension Plan Investment Board (CPPIB) has awarded €300 million to a separately managed account focused on real estate across Spain and Portugal. The pension fund did not name who this partnership was with 

Mayer Brown adds leveraged finance partner in Frankfurt
Mayer Brown has appointed Bernina Butt to its banking and finance practice as partner

Man hires real estate loan specialist from JP Morgan
Man Group has hired an investment director to its European private debt team

Italian private bank partners with Tikehau for private asset fund with ESG focus
Italian private bank Fideuram Investimenti has launched a private markets fund that gives investors access to private debt, among other asset classes  

UK pension hires BNP Paribas AM for starring role in core-satellite private credit fund
UK pension fund Nest has appointed BNP Paribas Asset Management to run the core of a private credit fund, sources say, in an arrangement which sees Amundi and BlackRock manage certain satellite investments  

Ucits at a glance
A round-up of ucits fund performance

HSBC Global AM hires to private markets team in London
HSBC Global Asset Management has appointed Jorge Huitron to serve as senior product specialist for private markets, within its alternatives team

Aviva expands ESG private debt capabilities
Asset manager Aviva Investors has appointed Ed Dixon to serve as head of head of environmental, social, and governance (ESG) within real assets, including private debt.  

UK pension awards private credit mandates and eyes co-investments
Nest, a UK defined contribution pension scheme, has selected Amundi and BlackRock as private credit managers, to manage a global real estate and global infrastructure debt mandate, respectively.  

Investor requirements rather than performance is driving ESG push: Creditflux survey
Only 14% of respondents to Creditflux's global credit ESG survey said performance was the main reason they were adopting envoronmental, social and governance-themed strategies

UK pension pool to launch maiden private credit offering
Border to Coast Pensions Partnership is launching its first private credit offering in early Q4, Creditflux has learned

US pensions funds allocate to Lone Star and Raven credit strategies
Two US-based pension schemes have invested in funds with exposure to credit, highlighting the appetite of institutional investors towards off-the-run asset classes.

Jefferies subsidiary and Stonyrock plan mid-market alternative manager stake acquisitions
The new joint venture will invest in private equity, credit, hedge funds, real estate, venture, and infrastructure firms

BlackRock names global alternatives head amid senior leadership shake-up
BlackRock has reshuffled its leadership and made several senior changes across various parts of its business, according to an internal memo seen by Creditflux

UK pension allocates £900 million to four private debt managers
The £21.9 billion pension fund has awarded £900 million to three private debt managers and one real estate debt manager, according to 6 March board minutes

Italian journo pension scheme presses ahead with plan to invest in private debt
The National Institute for Italian Journalists' Social Security (INPGI) has launched a tender notice seeking closed-ended private debt funds to invest in, or unlisted debt instruments including infrastructure debt, private corporate debt and real estate debt