Investors don’t realise they’re buying junior loans, say direct lenders
Investors in direct lending funds are generally not aware that they are often buying junior positions, according to speakers at last month’s Creditflux Direct Lending conference in London

Pension funds line up to finance direct lending in wake of USS deal
Lending to direct lending funds is fast becoming a big business, with institutional investors now looking to take on the role of leverage provider

Deployment fees create risk, say direct lenders
The fee structure of European direct lending funds could force fund managers into buying unnecessarily risky loans

There will be accidents, warns leading direct lending investor
Many newly formed direct lending managers lack the capacity to underwrite deals properly and are in danger of performing badly over the next credit cycle, says a leading pension fund investor

Carlyle eyes growth in CLOs and direct lending after Claren Road sale
Carlyle Group has confirmed the sale of its 63% stake in credit hedge fund manager Claren Road Asset Management back to the founders of the firm

Pimco to "do what banks can't do" with multi-billion dollar credit fund
Pimco is in the market with a new private credit fund, which could potentially exceed $5 billion, according to market sources

Leading pension investor headlines direct lending event
Trevor Castledine, deputy chief investment officer and head of credit investment at UK pension fund joint venture Local Pensions Partnership Investments (LPP I), will headline the upcoming Creditflux Direct Lending workshop.

Start-up credit manager surpasses $2 billion in AUM in its first year
Owl Rock Capital Partners appears to have pulled off one of the most successful fundraising exercises of 2016 with regulatory filings indicating that the firm has earned commitments of $2.3 billion

London-based direct lender swoops for RBS distressed specialist
Former special situations group trader joins a fast-growing direct lender as portfolio manager 

Angelo Gordon surpasses $1 billion for new loan fund
Two years after its founding, Angelo Gordon’s direct lending unit is asserting itself in private credit, securing more than $1 billion in commitments

London pension fund thinks global in search for direct lending managers
A London-based pension fund is looking to allocate £110 million ($138 million) to a direct lending strategy which can produce returns of Libor plus 4-5%

New York credit manager Advent starts hunt for direct lending team
It's very much the season for middle-market lending with Advent Capital Management looking to hire a team for a push into the US direct lending market, according to officials at the New York-based asset manager