Direct lender Pemberton hires former RBS debt syndicate head
European direct lending specialist Pemberton has announced that it has hired former RBS gobal debt syndicate head Eric Capp as a partner

Texas mid-market lender pulls in $180 million for second fund
A Houston-based mid-market specialist has raised just under $180 million in the first close of its second private equity-style fund, according to regulatory filings

Ares wins $1.1 billion in global direct lending SMAs in strong start to 2017
Direct lending proved to be Ares Management’s most successful strategy in fundraising terms with the firm registering $1.1 billion of inflows for European and US private debt in the first quarter

Investors dump venture lender Hercules on plan for external manager
Shares in publicly traded business development company Hercules Capital fell sharply last week, after the company announced that it was switching from being managed internally to employing an external advisor

Advisor Marlborough hires ex-Lloyds private debt specialist
Debt advisor Marlborough Partners has announced that it has hired Aubrey Simpson-Orlebar, the former head of Lloyds Bank’s debt private placements team

West coast pension plans $300 million Carlyle mid-market allocation
Pension fund puts money into commingled fund and separate account with Carlyle Group

Credit manager ICG hires west coast marketer
London-based credit manager Intermediate Capital Group has announced that it has hired a marketing specialist on the US west coast

Fund manager sees global appeal for new $2 billion energy lending fund
EIG welcomes commitments from non-US based investors for its new direct lending fund

ECB's crackdown on leveraged lending clears the way for direct lenders
Regulator's plans to limit debt to ebitda ratios in loan transactions could drive traffic out of the capital markets and towards lending funds

Highland shelves plans for format switch as interval funds gather pace
Instead of converting a mutual fund into an interval fund, Highland is looking to launch an interval fund - viewed as a investor-friendly alternative to BDCs - from scratch 

Direct lenders look to spread their wings and cross the Atlantic
Middle-market lending is becoming a global business amid talks of JVs

Beechbrook heads up north to open Manchester office
Direct lender Beechbrook Capital has opened up a new office in Manchester, according to an announcement this morning

Avenue to call it a day in European direct lending
Avenue Capital Management has pulled the plug on its European direct lending business

Nordic asset manager launches debut private credit fund
A Helsinki-based manager has partnered with MV Credit Partners for its debut direct lending fund

ICG hires Avenue Capital’s Lockhead for direct lending role
Intermediate Capital Group has announced that it has hired Avenue Capital’s Peter Lockhead for its direct lending business in Europe

Muzinich hires from BlackRock to bolster its direct lending team
Muzinich has made another hire to its offices in Frankfurt with the firm announcing that Markus Taubert will be joining from BlackRock in July

BlueBay, Brightwood and Permira win private debt mandates
BlueBay Asset Management, Brightwood Capital Advisors and Permira Debt Management have been tasked with overseeing a London pension fund’s direct lending portfolio

JP Morgan credit specialist set to join large credit manager in London
An experienced banker is leaving the leveraged finance desk at JP Morgan ahead of a move to the buy side. He is set to be involved with his new employer's upcoming direct lending fund

Tennessee pension fund turns its attention to non-sponsored direct lending
The $42 billion Tennessee Consolidated Retirement System is researching into direct lending opportunities