UAO Daily Video Brief — Friday, June 12, 2026. Three things for the people who allocate long-horizon capital, plus the chart of the day.
Title: UAO Daily Video Brief — Jun 12: A gatekeeper says no to private credit Description: Sweden's pension gatekeeper just refused private credit on liquidity grounds — the same month the FSB and ECB mapped the same fault line — while CalPERS reviews leaning in. Plus the chart: what regulators can see vs what they can't. (1) Sweden keeps private credit out; (2) the watchdogs agree; (3) CalPERS reviews private debt Monday. Cuts to export: 16:9 (YouTube, site embed), 9:16 vertical (LinkedIn, Reels, Shorts). Sources: Bloomberg (Jun 10); FSB (May 6); ECB FSR (May 2026); CalPERS agenda (Jun 15); S&P Global (Jan 2026).
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