Apollo poaches BlackRock’s head of APAC private credit
The new hire will start at the end of June to lead Apollo’s hybrid private capital efforts in the Asia Pacific region.  

BlackRock and Emirates NBD to launch private credit, alts products for UAE wealth clients
BlackRock and Emirates NBD Asset Management are partnering to create evergreen alternative investment products for wealthy individual investors in the United Arab Emirates

BlackRock hires from Jefferies to lead private credit push in Southeast Asia
BlackRock continues to build out its private credit teams outside of North America with the addition of a new senior-level hire in Asia

BlackRock names new head of private credit for India
BlackRock's Maheshwar Nataraj gets a promotion as Dhruva Agarwal departs. 

Indonesian sovereign wealth fund hires former BlackRock credit exec
Former BlackRock executive Christopher Ganis has been hired by the Indonesia Investment Authority, or INA, as managing director of investments, overseeing the hybrid capital solutions division

Credit funds at a glance (December 2023)
A round up of fundraising and people moves in credit

BlackRock launches impact bond fund
BlackRock has launched a fixed income fund focused on green, social, and sustainable bonds as well as ‘impact’ MBS and municipal investments

Five credit managers win nearly $1 billion from UK pension pool
Five private credit funds emerged as winners after UK pension pool Border to Coast revealed $1 billion in a wide variety of private credit commitments

WTW to tackle lack of diversity across investment industry
Progress on diversity across the investment industry is “disappointingly slow”, according to research from Willis Towers Watson

Fund performance: Almost a third of credit funds reach positive YTD returns
July has been a successful month for many credit funds, despite the recovery peaking in May and June

Majority of investors seek to increase private credit allocations, BlackRock survey reveals
Over half of investors plan to increase their allocation to private credit in 2019, according to an institutional client rebalancing report published by BlackRock

BlackRock becomes latest manager to explore interval fund structure for credit
Several managers have hit the market with the interval fund structure, as investors look to invest in illiquid strategies through an illiquid fund structure

BlackRock unveils ESG-focused emerging market debt suite
BlackRock has launched a series of emerging market debt funds that will have an environmental,social and governance (ESG) focus

BlackRock seeks $1 billion for new multi-strat opportunities fund
The new trust will invest at least 80% of its assets in fixed income securities and up to 40% in special situations, SEC filings reveal 

T Rowe Price poaches multi-asset professional from BlackRock
T Rowe Price has grown its multi-asset team in the Asia-Pacific (Apac), hiring Wenting Shen as a solutions strategist