Ares and Mubadala establish $1 billion global credit secondaries JV
The pair aim to capitalise on the 'anticipated growth and substantial demand’ from managers and investors for customised liquidity solutions

Tikehau preps sixth European direct lending fund launch
Tikehau Capital is preparing to start fundraising for its sixth European direct lending fund, Tikehau Direct Lending VI 

CIFC hires investor relations specialist from BlockTower
CIFC Asset Management has hired a managing director in its investor relations group from BlockTower Capital

Deerpath leaps to $1.5 billion close for US lower mid-market direct lending fund
With leverage, the strategy has $2.8 billion in capital available to deploy

First Sentier buys majority stake in credit firm AlbaCore
First Sentier Investors has bought a majority stake in European credit specialist AlbaCore Capital Group, the firms announced today, after identifying alternative credit as a ‘strategically important space’

Audax becomes first manager of 2023 to reset a CLO
Audax Private Debt has become the first manager of 2023 to complete a CLO reset, teaming with Bank of America to rework its 2020 middle market deal named Audax Senior Debt CLO 4

Middle market CLO volumes surpass $2.5 billion in March after Churchill prices
Middle market CLO issuance for March climbed to $2.69 billion on Thursday after Churchill Asset Management priced a new transaction named Churchill MMSLF CLO II

Golub prices $1.4 billion CLOs in a single day
Golub Capital Partners priced two CLOs on Thursday worth a combined $1.4 billion in the biggest day of primary activity for a single manager so far in 2023

Robeco launches sustainable senior loan fund with €130 million first close
Orix Corporation, Robecco's parent company, has committed a 'significant' amount of the €130 million initial commitments

Mapre launches private debt strategy to bring together subsidiary investments
Mapre Asset Management is bringing together all private debt investments made by the insurance group's subsidiaries, as well as new investments, with the launch of a new private debt fund

Calpers allocates $2.5 billion to two large private debt managers
Pension giant Calpers has revealed $2.5 billion allocations to two private debt managers

PennantPark prints this week's second new middle market CLO
Issuance for middle market CLOs by deal count for the week overtook figures for broadly syndicated CLOs on Thursday after PennantPark Investment Advisers priced a new $297.8 million transaction

Schroders breaks barriers with first Long-Term Asset Fund approval
Schroders has received regulatory approval from the UK’s Financial Conduct Authority to launch the first Long-Term Asset Fund 

Mid market CLO triple A spreads at 255bp after AB prices
AllianceBernstein priced a new middle market CLO named ABPCI Direct Lending Fund CLO XII on Wednesday, with the deal's triple A notes scoring a Sofr plus 255 basis point print

Capital Four holds €1 billion first close on senior direct lending fund
Creditflux understands the fund has a €2 billion target

Adams Street targets $4.5 billion for third private credit strategy
Kentucky Public Pensions Authority is planning a re-up to the vehicle, according to a recent investor presentation

Golub bolsters European presence with three hires in London
Golub Capital has bolstered its European private credit team with three hires in London

Angelo Gordon wraps up fundraising for $1.3 billion credit dislocation fund
AG CSF2A (Annex) Dislocation Fund is an extension of the AG Credit Solutions Fund II, which held a $3.1 billion final close in April last year.

Mid market CLO league tables: February volumes exceed any 2022 month with Natixis setting the pace
New mid market CLO issuance totalled $3.5 billion in February, the highest monthly volume since November 2021

LP round up: securitised credit mandate terminated amid $5 billion allocations and expanding relationships
Institutional investors revealed nearly $5 billion of allocations to 31 credit managers across January and February board meetings, according to materials seen by Creditflux. However, there were also two fixed income manager terminations, and one multi-strategy account placed on a watchlist

Oaktree targets $10 billion for LBO financing strategy
The launch of the firm's large-cap sponsor-backed private credit strategy follows banks retreating from the LBO space and a more compelling risk-adjusted return than other sectors in the market

Proskaeur hires CFO specialist from SocGen
Proskauer has announced the appointment of Matthew Kerfoot as partner in its finance group in New York

Crescent amasses $8 billion investable capital for eighth credit solutions fund
The fund had an original $4 billion target, according to Debtwire Funds Data

More than $1 billion new mid market CLOs print from Angelo Gordon and Cerberus
Angelo Gordon and Cerberus Business Finance each priced a new middle market CLO on Friday, with the two deals totalling over $1 billion in new issue volume