BlackRock: 76% of surveyed insurers plan to raise private-market allocations, down from 94%
Most respondents planning to raise private debt's share also intended to cut allocations to at least one subsector.
Most respondents planning to raise private debt's share also intended to cut allocations to at least one subsector.
Howden Re says Apollo has been selected as managing agent for the new syndicate.
The partners' insurance work will initially focus on Asian markets, covering ageing populations, agriculture and disaster risk.
Forty per cent of the capacity is already generating.
The programme invests across listed and private markets through equity and debt, aimed mainly at continental Europe and at strategic sectors and SMEs.
The $50m supports both a partial refinancing of existing debt and new construction in Redball's US distributed solar portfolio.