Sweden eases investment law for pension funds
The Swedish parliament has approved investment guidelines giving the country’s four state pension plans greater freedom to invest in illiquid markets    

Lothian pension fund appoints CEO
Lothian Pension Fund has appointed a new chief executive officer, effective from February 2019, to replace Clare Scott, who is leaving at the end of 2018  

Railpen hires former Amundi Pioneer credit head from Tesco pension scheme
RPMI Railpen (Railpen) has appointed an investment director within the private markets team, effective from 26 November  

Danish pension fund's CEO steps down
Christian Hyldahl, the CEO of Arbejdsmarkedets Tillægspension (ATP), has given his resignation to the pension fund’s chairman of the board Torben Andersen.  

Tikehau fund edges towards €1.6 billion close with €75 million EIB commitment
The European Investment Bank has approved a €75 million commitment to Tikehau Investment Management

Texas pension fund commits €75 million to European distressed debt
A $30.01 billion pension fund has awarded €75 million to a European distressed debt fund managed by AnaCap Financial Partners

Finnish foundation seeks alternatives manager
Turku 2029 foundation, a recently created Finnish foundation based in the city of Turku, has issued a notice seeking a manager for its €8m alternatives investments, in a bid to diversify its portfolio.  

ICG hits €4 billion target for European private debt fund
Intermediate Capital Group has hit its €4 billion fundraising target for its seventh European private debt fund, according to the firm’s semi-annual results

Los Angeles pension backs Lone Star fund
Los Angeles Fire and Police Pension System has approved a commitment of up to $40 million to Lone Star Fund XI, according to a monthly report  

Dai-ichi anchors global infrastructure debt fund with $176 million
Asset Management One Alternative Investments has joined together with Dai-ichi Life Insurance to launch a new global infrastructure debt fund

Danish penion fund's credit portfolio returns to growth
ATP, the Danish pension fund, has generated a return of DKK 799m from its credit portfolio for the first three quarters of 2018, marking a recovery compared to the H1 negative return of DKK200m.  

US pension commits $100 million to Apollo's hybrid private credit/private equity fund
Pennsylvania State Employees’ Retirement System has mandated $100 million to a multi-strategy fund managed by New York-based Apollo Global Management

BT pension fund appoints CEO
BT Pension Scheme Management, which has exposure to credit strategies run by Apollo, Ares and Hermes, has now appointed a CEO  

UK pension fund adds portfolio manager for alternative credit
Pension Protection Fund, the south-London based pension fund, has appointed a portfolio manager to its credit team. He joins from consultancy firm Mercer

Pension fund hires portfolio manager to oversee loan and CLO investments
PensionDanmark has hired a senior portfolio manager to oversee its credit investments

Finnish pension fund seeks portfolio administrator for illiquid investments
Finland's state pension fund is searching for a portfolio administrator to oversee its illiquid investments, which include private credit

Alaska pension fund puts $123 million to work following $1 billion credit platform launch
Alaska Permanent Fund Corporation (APFC) has made a $123.3 million commitment to a European direct lending fund

Full steam ahead: Italian railway workers' pension fund seeks private debt exposure
Eurofer, the €1 billion Italian pension fund, for railway workers, is seeking debt managers, with a focus on infrastructure, real estate or unlisted real estate companies.

39% of private debt investors are underweight, but they're looking for opportunities
485 Investors have come together to reveal their thoughts about allocation, in a survey conducted by London-based investment consultant bfinance

Hampshire pension fund seeks private debt manager for £325 million mandate
Hampshire County Council is seeking a private debt firm to manage a £325 million private debt account for its pension fund, according to documents seen by Creditflux

Beechbrook edges towards first close for £300 million UK SME fund
Strathclyde Pension Fund has mandated £30 million to Beeechbrook UK SME Credit II, which will target a 8%-9% net IRR

Four private credit managers score as Arizona pension fund commits $250 million
The $9.78 billion pension fund has mandated nearly $250 million to four private credit managers, alongside additional commitments for co-investment opportunities 

UK pension fund NEST seeks 'innovative' private credit manager
The £3.4 billion pension fund issued an invite to tender for private credit managers 

Danish pension fund's bond and loan performances diverge
ATP, the Danish public pension fund, has made negative returns on its credit portfolio with its bond portfolio suffering 

Louisiana pension fund assigns $200 million to DoubleLine and GoldenTree
Louisiana State Employees' Retirement System has allocated to distressed debt and mortgage credit funds run by two experienced asset managers