Publica Seeks $1.1 Billion Direct Lending Mandates for Private Credit Push
Updated
Updated · Bloomberg · May 20
Publica Seeks $1.1 Billion Direct Lending Mandates for Private Credit Push
2 articles · Updated · Bloomberg · May 20
Publica has asked asset managers to apply for direct lending mandates as it prepares to invest up to $1.1 billion in private credit.
The move underscores rising demand from pension funds for higher-yielding private-market assets, especially direct lending.
The Swiss Federal Pension Fund manages 44.9 billion Swiss francs, or about $57.2 billion, for public sector employees, making the allocation notable within Switzerland’s retirement market.
With defaults at record highs, are pension funds walking into a private credit trap?
As investors face redemption freezes, is the private credit boom about to bust?
Is AI about to trigger a crisis in the $500 billion software lending market?