The latest from private markets

Pemberton reported continued refinancing activity in H1 2026 improving M&A activity in Q2 and a more active expected second half. It reported mid-market single-B direct-lending pricing at roughly 250-290 bps above comparable broadly syndicated loans and leverage around 4.5x.

BCPP continued positioning its UK Opportunities strategy around life sciences, housing, commercial logistics and energy infrastructure as long-term UK investment themes.

L&G appoints Zoe Wimborne as Group Chief Risk Officer. Date: June 2026. Type: Leadership. Content: Legal & General announced the appointment of Zoe Wimborne as Group Chief Risk Officer. She joins the Group Executive Committee and will lead the firm's enterprise risk management function, strengthening governance and risk oversight across the business.

Fourth Strategic Capital vintage closed above its €2.5–€3 B target. Total commitments across four vintages reached €8.3 B.

Legal & General announced that its Lifetime Advantage Funds have grown to £25 billion in assets under management while exceeding a 10% allocation to private markets. The milestone reflects the firm's strategy of increasing exposure to private market assets within defined contribution retirement solutions to enhance long-term investment outcomes for members.

Legal & General announced the appointment of Rob Groves as Chief Investment Officer (CIO) for its Institutional Retirement business. In this role, he will oversee the investment strategy and portfolio management for the Institutional Retirement division, supporting the firm's long-term retirement investment objectives and capital deployment across institutional assets.

Legal & General announced the appointment of Emiel van den Heiligenberg as Chief Investment Officer (CIO) for its Asset Management business. He will lead the firm's investment strategy across public and private markets, oversee the investment platform, and support the continued growth of Legal & General's global asset management business.

BCPP expanded its Alternatives team with three Senior Portfolio Managers covering real assets, legacy private markets, climate opportunities, private equity and private credit.

BCPP's Joint Committee reviewed its development pipeline for 2026–29, including new propositions and integration of incoming Partner Funds.

Pemberton appointed Jay Daryanani as Managing Director and Deputy Head of CLOs following two new Indigo CLOs and the rejection of Indigo I in 2025.

Arcmont identified continued opportunities in European private credit, manager scale and institutional allocation as key themes for 2026.

Companies House records show appointments of Matthew Jamieson, Kai Klae Blumbach, and Georgios Serras as LLP members effective 1 February 2026.

Pemberton appointed Robin Bailey CFO, Chris Eberker Head of Credit-Direct Lending and Matthew Kirsch Head of Credit-ABF. Cassandra Faly expanded into European (EP/NAV) and ABF origination.

Coller completed the final close of Coller International Partners IX and related vehicles, bringing its latest private equity secondaries fundraising cycle to $17 billion.

BCPP published its annual investment outlook covering geopolitics, AI, market valuations, UK growth, energy transition and long-term structural investment themes.

BCPP reported progress on its £18 billion private markets programme and highlighted additional commitments across infrastructure, private equity and private credit.

Alexander Waller joined Impact Lending; Imo Strzyczyk joined Capital Solutions; Greg Varympopidis joined NAV Financing.

New Jersey's November portfolio report showed the $500 M Series D commitment to Capula Tail Risk Fund.

New Jersey proposed an additional investment of up to $500 M in Capula Tail Risk Fund after an initial $100 M commitment in July 2025.

Pemberton priced its fourth Indigo CLO and second CLO of 2025.

Pemberton reached its target final close for its first NAV Financing Core Fund. NAV + GP Solutions assets raised reached €12.7 B.