Sound Point looks to amplify mid-market offerings with BDC and CLOs
Sound Point Capital Management expanded into mid-market lending earlier this month with the acquisition of CVC Credit Partners’ US direct lending arm, and the firm has big ambitions to expand the business

Bridgepoint signals IPO and eyes real asset acquisitions
Bridgepoint unveiled its intention to go public on Tuesday, with the manager planning to issue £300 million worth of ordinary shares listed on the London Stock Exchange

KKR opens Stockholm office
KKR has expanded its presence in the Nordics with an office in Stockholm

RiverRock closes €604 million senior direct lending fund
RiverRock has held a final close on RiverRock Senior Loan Fund I at €604 million, with around 50% of the portfolio deployed

HarbourVest nears $600 million final close on US direct lending fund
HarbourVest Direct Lending Fund will invest in US private equity-sponsored mid-market companies with ebitda between $10 million and $150 million

Siguler Guff retains nearly 90% for second $450 million opportunistic credit fund
Siguler Guff has closed its second credit fund, Small Business Credit Opportunity Fund II, at $450 million

Muzinich launches APAC private debt fund with DBS as anchor investor
Muzinich has launched an Asian special situations fund named Muzinich Asia Pacific Private Debt I

Cerberus prints lesser-spotted CLO reissue
Cerberus Loan Management priced a rare CLO reissue on Wednesday in just the fourth deal of this flavour of transaction to print in 2021

Marathon targets $300 million for inaugural healthcare credit fund
Marathon Asset Management is targeting $300 million for a credit fund focused solely on healthcare loans

Wisconsin pension seeks evergreen private credit fund
The Employees’ Retirement System of Milwaukee County is on the hunt for private credit fund managers

Golub near-doubles size of CLO that left reinvestment last year with late reset
Golub Capital Partners teamed up with GreensLedge on Friday to reset a middle market CLO, Golub 33(M)-R2, almost doubling the size of the transaction

Stepstone wins €215 million private debt mandate from Italian pensions
A consortium of Italian DC pension funds have allocated the capital to a private debt fund of funds under the name Project Zefiro

Update: Kayne to split from CLO and credit opps units
Kayne Anderson is set to spin out its CLO business

Intriva adds senior debt markets specialist
Intriva Capital has hired a managing director to is asset management team in London

Audax brings CLO haul to $2 billion with largest deal so far
Audax Management Company issued a fifth middle market CLO on Thursday, bringing its deals under management to $2 billion

Banks battle back with their own direct lending fund launches
Through their own direct lending arms, large banks are leveraging their long-standing expertise and offering private debt to reclaim market share. Though small, these hybrid bank funds are certain to grow

Unusual double As jump tighter as BMO keeps it in-house again with CLO refi
BMO has refinanced a CLO for BMO that resulted in junior double As moving much tighter relative to senior double As 

Bridgepoint hires Benelux credit origination head and opens Amsterdam office
Bridgepoint has expanded its European presence by opening of an Amsterdam office

HSBC AM names CEO of new $53bn alternatives business
HSBC Asset Management has become the latest manager to bring together its ‘alternatives’ capabilities under one roof, with the launch of a new unit, HSBC Alternatives

Antares prints largest new issue CLO for four months
Antares Capital priced the fourth largest new CLO of 2021 on Tuesday with the $806 million Antares CLO 2021-1

Owl Rock downsizes equity tranche in reset of 2020 CLO
Owl Rock Capital Advisors has reset a middle market CLO from May 2020, downsizing the deal's equity tranche in the process

Apollo pledges $500 million to Victory Park's growth ABL e-commerce strategy
Apollo Global Management says it has committed up to $500 million to Victory Park Capital’s growth lending strategy, which will focus on asset-backed lending to Amazon and e-commerce aggregators

KKR flies into aviation lending with new $800 million platform
KKR has expanded its credit business with a new aviation platform, seeding the platform with nearly $800 million portfolio of aviation loans from CIT Group to kickstart the launch

HIG WhiteHorse adds Dach head to European direct lending team
HIG WhiteHorse has hired a former Barings official as principal and head of the Germany, Austria and Switzerland region 

Sound Point confirms buy-out of CVC's US direct lending business
Sound Point Capital Management has bought CVC’s US direct lending business, the pair have confirmed. The deal will add $1 billion of assets to Sound Point’s $25 billion platform and includes nine investment professionals