CalPERS invests nearly USD 5bn in private credit in 2Q, with Ares, Sixth Street as biggest winners
 Public Pensions, Private Pursuits: California, Connecticut state systems make large private credit moves

Sixth Street Specialty Lending starts CEO transition
The BDC’s current CEO Joshua Easterly will step down from his position at the end of the year but continue his role as co-CIO of the greater Sixth Street platform

New Mexico, Illinois systems lead recent investments in credit strategies
Oak Hill Advisors nears the close of OLEND fundraising, while Sixth Street lands commitments from New Mexico and Michigan, and Pathlight secures investments from Boston and Ventura County

Sixth Street prices US reset with tight triple Bs
Sixth Street is the latest manager to price a US CLO reset with triple A spreads in the low 120s, in a USD 368m reworking of Sixth Street CLO XXIII

Connecticut, Wisconsin pensions invest in Sixth Street's private credit funds
Sixth Street funds secure commitments from Connecticut, Wisconsin, and Ventura County pensions, while a Texas pension allocates funds to a Silver Point CLO fund

CalPERS, LACERS among pensions disclosing recent private credit investments
CalPERS invests USD 1bn in climate-focused private credit fund by Goldman Sachs, while LACERS commits USD 170m to TPG Twin Brook, Sixth Street funds

Alaska, Pennsylvania among pensions disclosing recent private credit investments
Alaska retirement system reveals over USD 400m in private credit investments and Pennsylvania and Texas pensions make new commitments to European private credit funds, while Maine PERS commits to another new TPG Twin Brook fund

Sixth Street and Blackstone match 125 benchmark with latest US resets
The repricings of both 2021-vintage deals priced their triple A paper at the current market tight

Sixth Street to open Singapore office, hires head of APAC
The private credit manager has created the new role to better raise investor capital and expand the firm’s investment capabilities in the region

Virginia, New Mexico among pension systems making new private credit commitments
Virginia Retirement System allocates USD 500m under credit strategies portfolio, while New Mexico State Investment Council allocates USD 250m to Fortress Investment Group and Indiana Public Retirement System commits USD 200m to HPS

Sixth Street prices its third new CLO in three months
The triple As for Sixth Street CLO 30 priced toward the tighter end of current pricing, at SOFR plus 130bps

Sixth Street reprices four-year-old US CLO
The USD 465m reset of the 2021-vintage US BSL CLO tightened its triple As and overall cost of funding moderately

Sixth Street prices second new US CLO this year
Mezz spreads tightened in considerably compared to the manager's first new print of 2025, which followed the Liberation Day tariff announcements

Sixth Street issues first new CLO, fifth deal overall, for 2025
The transaction takes the manager’s total issuance for the year to over USD 2.1bn

Sixth Street knocks 67bps off triple As in reset of 2023-vintage CLO
The reset of Sixth Street CLO XXII is the third this year by the manager  

Northwestern Mutual deal points to extended insurer-private credit manager honeymoon
The romance between insurance companies and private credit managers remains strong as Northwestern Mutual and Sixth Street become the latest to strike a partnership 

Sixth Street to invest USD 13bn for Northwestern Mutual
Sixth Street and Northwestern Mutual have struck a deal that gives Sixth Street USD 13bn of the insurer’s assets to invest across its private capital strategies

Sixth Street refinances its first CLO this year
Sixth Street has printed a refinancing of its Sixth Street CLO VIII. The US BSL CLO debuted in 2017 and was formerly known as TICP CLO VIII.

CalPERS commits nearly USD 3bn to private debt investments
The California Public Employees’ Retirement System approved nearly USD 3bn in private debt commitments to external managers during the second quarter of 2024

Sixth Street prices new US BSL CLO
A new USD 510m US CLO from Sixth Street includes triple-As priced at SOFR plus 134bps, just 1bps off the current benchmark level

Sixth Street resets 2020-vintage US CLO
Sixth Street has priced its seventh deal of the year, a USD 392.6m reset of Sixth Street CLO XV

Sixth Street resets 2022-vintage CLO
A USD 367.40m reset arranged by Bank of America of Sixth Street CLO XXI has priced  

Sixth Street prices new CLO with triple-As at 148bps
Sixth Street has printed Sixth Street CLO XXV, a US BSL CLO with triple-A notes that priced at SOFR plus 148bps.

Sixth Street refis another US BSL CLO
Sixth Street yesterday reworked its second deal in as many weeks with its USD 373.65m reset of TICP CLO XI

Sixth Street refinances 2017 vintage US CLO
Sixth Street has priced a partial refi of TICP CLO VII, a 2017 vintage US BSL CLO that was reset in 2020