BNP Paribas launches climate impact infrastructure debt fund
BNP Paribas Asset Management has launched the BNP Paribas Climate Impact Infrastructure Debt fund as interest in impact investing and ESG-related causes continues to grow around the world

San Francisco retirement system makes new private credit investment
The San Francisco City & County Employees' Retirement System continues to pump money into alternative investment funds, having recently made two new commitments totaling USD 130m

Monroe Capital receives another commitment for flagship credit fund
Monroe Capital's Private Credit Fund V received a USD 10m allocation for its lower middle market direct lending strategy

Florida pension system allocates to three alternative funds
Three funds received commitments from the City of Hollywood Employees' Retirement Fund including an opportunistic credit fund and a direct lending fund

Cryptocurrency startup launches Bitcoin private credit fund
Meanwhile Advisors hopes to attract the attention of institutional investors, who will buy into the new bitcoin private credit fund in US dollars, which will then be converted to Bitcoin

Golub Capital becomes lead investor in reinsurance sidecar vehicle
Golub Capital is expanding its offerings with a lead investment in Ruby Reinsurance Company, a newly-formed reinsurance sidecar vehicle backed by Reinsurance Group of America

Monroe Capital receives USD 5m commitment from Monroe County
Michigan-based pension organization Monroe County Employees' Retirement System approved a commitment to a Monroe Capital-managed private credit fund

Amundi launches impact strategy aiming at agri
European asset manager Amundi has launched an impact investing strategy dubbed Amundi Ambition Agri-Agro Direct Lending Europe, with the intent of preserving natural resources and ensuring food sovereignty.

Eurazeo closes direct lending fund at EUR 2.3bn
The new direct lending fund's strategy entails investing in non-cyclical European small and medium-sized enterprises with valuations between EUR 30m and EUR 300m.  

Latham & Watkins expands private credit practice with two new hires
Latham & Watkins has added two new partners to its London office from Akin Gump Strauss Hauer & Feld

Is direct lending on the rebound? - Debtwire Special Report
After a slow start in 2023, direct lending in both the US and Europe has been on the rise, with volumes in Q3 almost doubling compared to the previous quarter

Star Mountain closes USD 1.2bn direct lending fund
Value-Added Direct Lending Fund IV is 90% deployed with a direct lending investment strategy targeting US lower middle-market companies

DigitalBridge closes USD 1.1bn digital infra credit fund
DigitalBridge has closed a digital infrastructure fund called DigitalBridge Credit (Onshore), raising USD 1.1bn in commitments

ICG continues to build out global credit platform with two new senior-level hires
Global alternative asset manager is growing its North American private debt business. 

India's True North turns to private credit with USD 120m fund
New fundraise by an Indian private equity fund is another example of investors in India eager to expand into the private credit space

Global head of CLOs and loans switches firm to focus on private credit
Dan Robinson, Man Group's managing partner of capital asset solutions and global head of CLOs and loans has moved to a new asset manager

Private credit lending continues to surge, according to AIMA report
Lending grew by more than 60% between 2021 and 2022 according to a new report entitled "Financing the Economy," by the Alternative Credit Council, a private credit affiliate of the Alternative Investment Management Association.

Knoxville pension system commits USD 10m to direct lending fund
The pension fund is making its first direct lending allocation as it explores the asset class 

Pensions pivot from vanilla private credit to focus on niche sectors
Retirement and pension funds continue to pump money into private credit, enticed by the prospect of higher returns. But as the market grows, more are turning their attention to niche sectors, such as ESG-oriented investments and specialised credit.

Private credit funds seek vehicles to bring in European retail investors
Private credit funds are looking to tap into retail investors in Europe after successfully accessing similar investors in the US

Private credit investors hail ‘golden age’ of rapid growth and low regulation
The “golden age” of private credit has arrived as investors take market share from banks, according to Scott Rosen, partner at Ares Management

Credit hedge funds
Hedge fund performance tables

Credit funds at a glance
Fund performance; people hires; fundraising 

First Eagle hires new senior alternatives strategist
First Eagle Alternative Credit is in expansion mode with the hire of a new managing director, portfolio manager and senior alternatives strategist from Nuveen

Ares secures another USD 50m for direct lending fund
The Ares Senior Direct Lending Fund III, which had its first close in July, is expected to be larger than previous vintages