The AW Scorecard for the week ending January 24 revealed another active time in private markets with our tracking of $2.4 billion in new mandates from institutional investors.
The majority of the mandates were assigned to private equity managers with BlackRock, MBK Partners, Revelstoke and Wynnchurch collecting fresh commitments.
The largest single mandate, however, was in direct lending with Credit Suisse Asset Management beating out 38 other contenders for a $1 billion illiquid credit mandate for Los Angeles County Employees’ Retirement Association (LACERA).
Hedge funds though maybe on the horizon . . .
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