Private credit managers are increasingly looking to Britain’s £1tn-plus defined-benefit pension market as a source of capital, as insurers allocate a growing share of their portfolios to private assets, according to a report by the Wall Street Journal.
The trend was highlighted by a new partnership involving Standard Life, CVC Capital Partners, Goldman Sachs and PGIM, under which investors will commit $2bn to private-market assets. Standard Life said the arrangement would support its growing bus...
Continue Reading
Sign up for FREE to read the full article and access 153K+ alternative investment headlines.
Alternative Investment News