Amundi hopes investors bite as it produces Italian ham and cheese offering
Amundi aims to raise €150 million for a new private debt fund that will invest in private bonds guaranteed by iconic Italian food products    

AB reports highest AUM since 2008 as it launches BDC
The firm generated total net inflows of $4.5 billion for the quarter, a big improvement from the $15.3 billion in the outflows in last year’s third quarter

Manager edges closer to its $3 billion hard cap on credit fund
A California pension fund has approved a commitment for up to $30 million in a credit and distressed debt fund

ICG's direct lending fundraise results in €5.2 billion of ‘dry powder’
London-based Intermediate Capital Group has announced a successful fundraise for the third vintage of its senior debt partners strategy

WhiteHorse names three new direct lending-focused managing directors
WhiteHorse Capital, the credit arm of HIG, has named new managing directors in Stamford, Dallas and Chicago

Direct lending BDC to explore "strategic alternatives" following Q3 losses
The direct lender has announced it will explore “strategic alternatives” after a third quarter its chief executive officer described as “challenging”

Swedish firm debuts direct lending fund with an eye on Scandanavian SMEs
A Swedish broker and asset manager has launched a new direct lending vehicle known as the Scandinavian Credit Fund I

BDC reports $25.3 million increase in AUM
FS Investment Corporation (FSIC) has cited the “very competitive” nature of the credit market during its third quarter 2017 earnings release

Pension-backed manager launches debut credit fund at €855 million
A London-based boutique has raised €855 million for a credit fund, Creditflux has learned

Closed-end fund Great Elm takes direct hit from falling satellite credit
Listed credit vehicle Great Elm Capital suffers income mismatch as largest position pays-in-kind

Ares keeps up direct lending growth and plans new credit fund launch
Ares Management’s credit business just keeps growing, with the firm planning a new fund launch and a continued push into European direct lending, according to a recent results presentation

US direct lender pulls the trigger on revolver credit fund
A firm has launched a new vehicle focused primarily on revolving credit facilities

Amundi raises €665 million loan fund and expands in real estate debt
Paris-based Amundi reveals the final close of its third senior corporate debt fund and expansion of its real estate platform

LStar's Gerson joins FS as head of private credit
Asset manager FS investments has announced that Brian Gerson has joined as head of private credit

Chicago manager launches $1.2 billion leveraged direct lending fund
A new mid-market credit fund has raised $415 million equity capital, exceeding its original $350 million target

Favourable factors drive direct lenders into large-cap loan space
Direct lending is getting bigger – both in terms of the capital being raised and the scale of the borrowers subscribing to private credit deals

Loan managers pile into BDCs amid possible change to leverage ratios
Golub Capital Partners and TCW are among those to have launched new BDCs as regulators look to revamp leverage limits

Direct lending managers flock to unregulated fund structures
Direct lending managers are seeing the benefits of using unregulated fund structures

SMEs query make-up of direct lending platforms
Direct lenders that are affiliated with private equity businesses are being eyed with caution

StepStone plans to put $4 billion into private credit
StepStone is looking build its exposure to direct lending by hiring fund managers. It is willing to sign up to managed accounts of up to $500 million

Mid-market lender Monroe signs JV with National Life
Monroe and National Life each put $50 million into new venture then look to add leverage

Crestline raises $1.3 billion for its latest credit strategy
Crestline Investors has closed its third credit opportunity fund, according to a press release. The firm states that Opportunity Fund III and related managed accounts secured over $1.34 billion of capital commitments

KKR-backed manager raises $165 million for energy credit fund
Houston-based manager secures total commitments of $165 million for its credit-oriented energy fund. 

Aberdeen Standard holds first close on secured credit fund at £350 million
Aberdeen Standard Investments is looking to invest in real estate debt, infrastructure debt and other types of private credit

Wealth manager adds Oaktree and THL to new direct lending platform
Canadian firm Nicola Wealth Management (NWM) has launched a new private debt fund which will combine a fund of funds approach with direct investments