San Antonio Fire & Police deploys another $30 million to direct lender
The pension fund made its 10th allocation to a manager that focuses on venture debt investments to early-stage tech and life sciences companies

Ohio Police & Fire commits $50 million to private credit
Ohio Police & Fire pension system makes first private credit commitment for the year to a Barings fund

Ares scores $200 million for third senior direct lending fund
The Los Angeles-based alternative asset manager received a commitment from a Phoenix-based pension plan

Illinois Municipal Retirement Fund sinks hundreds of millions into credit funds

The Illinois Municipal Retirement Fund has invested more than half a billion dollars into several credit and direct lending funds

New Mexico State Investment Council commits $150 million to infra debt fund
The New Mexico sovereign wealth fund approved a $150 million allocation to the Newmarket International Infrastructure Finance Company IV 

Orix USA names head of East Coast for Growth Capital business

Orix USA seeks to grow East Coast division of Growth Capital business with new hire. 

Beverage holding company launches new $100 million credit fund
Beverage holding company seeks to fuel the bourbon business with new $100 million credit fund

Middle-market lender grows with new hires and promotions
Connecticut-based middle market investment firm Ironwood Capital grows team

BlackRock eyes next infra debt fund
BlackRock Alternatives is looking to launch a second global infrastructure debt fund, shortly after the departure of its European head of debt

Columbia Advisory Partners launches new private credit fund
Washington state-based investment firm Columbia Advisory Partners creates new credit fund

Proskauer welcomes back seasoned private credit lawyer, this time as partner
Proskauer welcomes back seasoned lawyer as partner to private credit group

Cresset has named new head of private credit
Cresset Partners taps new head of private credit from Midwest Holdings

Houston Police Officers' Pension System commits nearly $38 million to credit fund
Houston Police Officers' Pension System approves nearly $38 million for credit fund

KKR adds new evergreen fund to direct lending line-up
Investment giant KKR has launched a new direct lending fund, according to fund filings

San Francisco retirement system sets aside $55 million for private credit
San Francisco Employees' Retirement System reserves hundreds of millions of dollars for alternative funds, including private credit

Kern County allocates $90 million for credit funds
Kern County commits up to $90 million to two private credit funds and a special opportunities fund 

Ventura County commits another $45 million to private credit funds
Ventura County Employees' Retirement Association has approved another round of direct lending fund commitments, this time totaling $45 million across two funds

Funds round-up: its still all about private credit
Our summary of all the news about credit funds in the last seven days as private credit again dominated fundraising 

Sixth Street taps Goldman Sachs exec for co-chief investment officer
Sixth Street Partners taps Goldman Sachs veteran Julian Salisbury for co-chief investment officer role

Private credit default index shows surprise decrease in the second quarter
Proskauer’s Default Index of the US private credit market was 1.64% in the second quarter, a significant decrease from 2.15% in 1Q23.

NB raises $2.5 billion for structured equity fund
Neuberger Berman has announced the close of its NB Credit Opportunities Fund II. The fund raised approximately $2.5 billion of limited partner commitments.

Comvest raises $2 billion for new private credit fund
Comvest Partners has announced that Comvest Credit Partners, its direct lending platform, has completed the final close of its latest flagship fund, Comvest Credit Partners VI.

Food and beverage specialist launches second private credit fund
Proterra Investment Partners has announced the close of its second private credit fund, Proterra Credit Fund 2, with the new fund closing above its initial $500 million hard cap.

Channel Capital hires new head of originations for US fintech partnerships
Channel Capital names new head of originations for US fintech partnerships. 

Jefferies Credit Partners plans new BDC

Jefferies Credit Partners plans to launch its first private placement of a business development company.