Australian Retirement Trust Increases Private Credit Allocations
The Australian Retirement Trust is increasing its private credit allocations to target opportunities in Europe and North America, aiming to raise its position to 2.5 per cent. With a focus on the lower-risk, unlisted segment of the credit market, the firm plans to leverage external managers and internal teams to diversify its portfolio. This move aligns with the growing trend among Australian pension funds, like UniSuper, to enhance private credit investments for long-term success in the current market environment.
KKR in Talks to Acquire Minority Stake in Infinx Healthcare for $150 Million
KKR is in talks to acquire a minority stake in Infinx Healthcare, a healthcare BPO company, for $150 million. The investment aims to leverage Infinx’s tech-enabled solutions to tap into the growing healthcare BPO sector in India. With a workforce of over 4,000 employees, Infinx offers RCM solutions to various healthcare entities and plans to expand its healthcare platform through organic growth and strategic acquisitions.
BrightSpring Health Services Aims for $3.01 Billion Valuation in US IPO
KKR-backed BrightSpring Health Services has set a target valuation of around $3.01 billion for its long-awaited initial public offering in the United States. The company, specializing in providing care to patients with complex or chronic medical conditions, is moving forward…