EAPF invests £60m in private debt fund

The Environment Agency Pension Fund (EAPF) has made a £60m allocation to private debt fund Permira Credit Solutions III as it looks to capitalise on banks' withdrawal from lending.
The £3bn fund, which is part of the Local Government Pension Scheme (LGPS), started a comprehensive search in August with bfinance providing advice. With a 5% strategic allocation to private debt, the...
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