Carlyle launches European private credit fund for wealthy individuals
Carlyle European Tactical Private Credit Fund offers European investors in the wealth channel access to Carlyle's global credit business

Silver Creek Capital hires BlackRock exec as co-CIO
Private credit manager Silver Creek Capital Management has hired BlackRock alumni David Matter as co-chief investment officer

Indonesian sovereign wealth fund hires former BlackRock credit exec
Former BlackRock executive Christopher Ganis has been hired by the Indonesia Investment Authority, or INA, as managing director of investments, overseeing the hybrid capital solutions division

Kirkland & Ellis poaches partner from Macfarlanes in London
New UK-based partner's practice focuses on structuring alternative investment funds, specifically credit funds

Ares raises AUD 2.6bn for private credit fund focused on Australia and New Zealand
New fund marks the first strategy launched by Ares Asia and the largest pool of capital dedicated to the fast-growing Australian and New Zealand private credit markets.

Ares raises USD 22.4bn for US direct lending in 2023
Ares Management continues to see increased appetite for direct lending. The alternative asset manager's private credit team raised roughly USD 10.1bn in US direct lending commitments in Q4 of 2023

Canadian manager raises CAD 350m for new private credit fund
Canadian money manager Fiera Private Debt raised CAD 350m in the first close of its Fiera Private Debt Fund VII. The private credit strategy focused on senior-secured term debt of middle market Canadian companies.

PineBridge raises USD 1.7bn for third vintage of direct lending fund
PineBridge Investments has raised USD 1.7bn for the third vintage of its private credit fund, exceeding the firm's USD 1bn target

Texas retirement system allocates USD 100m to SRT credit fund
The Texas County & District Retirement System has committed USD 100m to the Chorus Capital Credit Fund V, according to recent investments listed on the Austin, Texas-based pension system's website

White & Case hires partner from Shearman & Sterling for debt & equity groups
Lauren Winter has been hired as a partner at White & Case. The London-based attorney has joined the international law firm's global debt finance practice.

Proskauer poaches Sidley Austin private funds partner
Proskauer has hired Sidley Austin's head of investment funds in London. The veteran lawyer will work in the firm's private investment funds group, co-leading its global credit funds and sovereign wealth funds initiative.

Golub secures USD 40m for credit fund from Texas-based pension system
Golub Capital continues to grow its direct lending platform with new commitments, with the New York-headquartered middle-market giant securing a commitment of USD 40m from the pension fund for its GEMS Fund 6

Comvest hires Goldman Sachs exec for direct lending origination role
Comvest Partners has hired David Gibson as a managing director on the firm's direct lending investment platform Comvest Credit Partners

Charlesbank raises USD 1.5bn for third private credit fund
Charlesbank Capital Partners held the final close of its Charlesbank Credit Opportunities Fund III earlier this month with USD 1.5bn raided, exceeding its USD 1.25bn target.

Former Barclays execs launch private credit strategy at Phoenix Merchant Partners
Phoenix Merchant Partners is the latest player to move into the private credit space with the launch of a new private credit strategy, as the global credit markets continue to expand. 

Funds round-up: Jan 2024 - a positive start for the New Year
Asset managers continue to raise funds for private credit in our roundup of notable fundraising in January 2024. 

LBC names new deputy chief investment officer
LBC Credit Partners, a division of CIFC Asset Management, has promoted Homyar Choksi to deputy chief investment officer, as the Philadelphia-headquartered middle market asset manager continues to expand

Benefit Street Partners raises USD 4.7bn for latest flagship direct lending fund
Benefit Street Partners held the final close of its fifth flagship direct lending fund — dubbed BSP Debt Fund V — with USD 4.7bn of investable capital

Oaktree picks Morgan Stanley managing director for credit team
Oaktree Capital Management has hired Morgan Stanley's Loris Nazarian as managing director and assistant portfolio manager

Ares latest commitment for third direct lending fund comes from Los Angeles pension system
Ares Management continues to grow its Ares Senior Direct Lending Fund III with a new commitment from the Los Angeles Fire & Police Pensions

Arcmont raises EUR 10bn for latest European direct lending fund
Arcmont Asset Management revealed the final close today of its Direct Lending Fund IV and associated vehicles, having raised EUR 10bn, the high end of its target range

New Mexico sovereign fund allocates up to USD 350m to direct lending fund
The New Mexico State Investment Council approved a commitment of up to USD 350m to a senior private credit fund, targeting net returns between 11% and 14% over a three-year investment period

Houlihan Lokey taps Morgan Stanley private credit veteran for capital markets team
Houlihan Lokey has hired Morgan Stanley's head of private credit as a managing director in the firm's capital markets group to lead the bank's initiative to grow its US private credit placement practice

Bain closes fourth middle market credit fund with more than USD 1bn in commitments
Bain Capital held the final close of the Bain Capital Middle Market Credit 2022 fund with more than USD 1bn in commitments, the company revealed on Friday. The commitments to the fund, the fourth vintage of its kind, included parallel funds and certain related vehicles.

Golub poaches new co-head of global institutional sales from BlackRock
New York-based Andrea Picard is set to join Golub Capital this March as co-head of global institutional sales, as the New York-headquartered direct lender and middle-market giant lays the groundwork to expand its investor partners group globally