Crestline confirms Tenax team hire, as reported in Creditflux
Crestline Investors has confirmed that it has hired a team from Tenax Credit for its new European office, as first reported in Creditflux

Adams Street hires former Oaktree officials for new private credit unit
The former head of Oaktree's Capital Management's mezzanine debt business, Bill Sacher, has resurfaced at Adams Street Partners to launch a new private credit initiative

Legal and General hires from RBS in bid to expand private debt business
Legal & General Investment Management has announced the hire of London-based Nicholas Bamber as head of private assets within its private debt team

Northill takes majority stake in Copenhagen-based credit manager
Northill Capital, a firm which invests in fund managers, has announced that it has bought a majority interest in Capital Four

Minneapolis-based manager raises $270 million for mezz debt
Minneapolis-based GMB Mezzanine yesterday announced the closing of its GMB Mezzanine Capital III fund with over $270 million in committed capital.

Franklin Square teams up with GSO for its fourth BDC
Philadelphia-based manager launches non-traded BDC with credit fund manager  

Direct lender Beechbrook launches £100 million SME fund
London-based Beechbrook Capital announces first close of UK SME Credit Fund 

Pollen Street attracts £100 million investment with direct lending nectar
An asset management firm which spun out of RBS two years ago has raised £100 million for Honeycomb Investment Trust - a fund targeting portfolios of consumer and small business loans

Ares and Barclays form new UK direct lending partnership
Ares and Barclays, two firms that are familiar with direct lending JVs, have teamed up for unitranche, revolving credit and capex deals

Direct lenders get ready to play the game
Creditflux opens booking for its second annual Direct Lending Workshop

HIG announces direct lending hire in Boston
HIG WhiteHorse, the credit affiliate of HIG Capital, has announced the hire of Eric Nadzo to its Boston office

Emerging markets firms branch out into credit, says report
Financial News article points to private equity firms building direct lending arms for emerging markets

Mezzanine loan buyer Mezzvest drops the mezz
London-based credit manager Mezzvest is rebranding itself as MV Credit, according to an announcement by the firm

Direct lending continues to grow as Europe imports US techniques
Deloitte research shows European non-bank lending on the rise, but covenants on the wane 

Lending platform specialist GLI Finance launches closed-end fund
GLI Finance has spun off a portfolio of loans to small and mid-sized companies into a new closed end fund

Angelo Gordon’s direct lending arm bulks up with two hires
Twin Brook Capital Partners hires two for mid market lending