Nest awards £450m private credit mandate to Crescent Capital

Direct lending mandate to invest in secured, first-priority loans to US private companies

Jasmine Urquhart
clock • 1 min read
Nest awards £450m private credit mandate to Crescent Capital

Nest has awarded a £450m direct lending mandate to Crescent Capital Group.

The scheme's initial commitment as part of the open-ended mandate will be "deployed over multiple years" for the fund manager to invest in "secured, first-priority loans to private companies". T...

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Jasmine Urquhart
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Jasmine Urquhart

Senior Correspondent at Professional Pensions

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