Minneapolis manager raises $558 million for third mezzazine fund
The manager has held a final close on its third mezzazine fund, bringing total fundraising to over $1.2 billion across all three funds

French manager launches its latest private debt fund

Hong Kong firm announces first close of China-focused direct lending fund
Hong Kong-based investment firm Adamas Asset Management has announced the first closing of its Adamas Ping An Opportunities Fund, a vehicle mainly providing loans to companies in Greater China

Churchill launches breakthrough mid-market loan fund
Mid-market CLO manager Churchill has diversified its product range by launching a commingled loan fund 

European Investment Bank supports Spanish direct lending with €300 million loan
The European Investment Bank (EIB) has approved a €300 million loan to Bankinter, a Spanish bank, in order to promote lending to small and mid-sized enterprises in Spain

Credit Suisse alumni in Australia raise $217 million for credit fund
Australian private investment firm Tanarra, formed less than a year ago by a group of Credit Suisse alumni, has raised AUD$285 million ($217 million) for a new credit fund

Aircraft specialist Airborne launches with $5 billion AUM target on its radar
Whereas most start-ups aim for slow and steady growth, Airborne is aiming to scale greater heights: its target is to have $5 billion in assets under management within five years

Tikehau raises another €300 million through bond issue
Tikehau has considerable firepower to deploy into the credit market, obtaining €1.3 billion of financing in the last month.

Investors pledge cash after turning to direct lender Prestige
Just like every magic trick has three parts, every fundraising has three stages: building a track record, marketing and, the most difficult, delivering strong returns. Prestige is clearly performing well as it gains three investor mandates

Bain rebrands Dublin unit and applies for management license in Ireland
Dublin-based Broadhaven Credit Partners - launched as a JV between Bain and financier Dermot Desmond - will now operate as Bain Capital Credit

Texas manager is in peak condition as it raises $1.1 billion for credit fund
Middle-market specialist raises over $1.1 billion for its latest credit fund, SEC filings reveal. 

Manager's aviation debt fund takes off with $115 million
A new debt fund is getting into gear, having held a first close of $115 million

Virginia pension fund commits $1 billion to US direct lender
The $1 billion commitment was made at the $76 billion pension fund's most recent board meeting

French direct lender opens Munich office and unveils new private debt fund
The Paris-based firm has also announced two new hires in its French and German offices

New Hampshire pension poised to invest $50 million to energy-related fund
The New Hampshire Retirement System committed to invest $50 million into a new energy-related direct lending strategy at its November meeting

NewStar sale set to go ahead after no further bids emerge
New York-based First Eagle Investment Management looks set to get its hands on mid market credit manager NewStar Financial after the end of a 30-day “go-shop” period

Manager raises $11 million for third credit opportunities fund
An Atlanta-based manager has raised more than $11 million from 31 investors for its third credit opps fund 

Clearwater increases headcount in its UK debt advisory business
Clearwater International has made two hires to its UK debt advisory team with David Grassby and Hertej Rattan joining the firm

New US credit manager targets $750 million for debut fund
A start-up credit manager is marketing its inaugural credit opps fund

Right opportunity, wrong continent: Avenue sees value in Asian direct lending
Despite retreating from Europe’s direct lending market this year, Avenue Capital Group’s co-founder Marc Lasry believes opportunities still exist in mid-market lending – specifically in Asia.

BNP Paribas acquires stake in SME credit specialist Caple
BNP Paribas Asset Management has acquired a 10% stake in Caple, which facilitates lending to small and mid-sized enterprises through a fintech platform

KKR lists largest BDC on NYSE
A business development company (BDC) co-sponsored by asset manager KKR has gone public

Edinburgh-based direct lender goes to boutique bank OakNorth for revolver
Edinburgh-based direct lending investment company RM Capital has subscribed to a revolving credit facility with a boutique bank

US direct lender raises $91.95 million for second mezzanine fund
The vehicle has raised $91.95 million out of a total offering amount of $100 million with the backing of 24 investors

Private equity firm's credit unit raises $110 million at first close for new fund
The fund has a total offering amount of $350 million. It held its first close at $110 million after making its first sale on 31 October, US SEC filings indicate