Morrison Foerster taps Paul Hastings' lawyer for its finance group
Global law firm Morrison Foerster has hired Tammy Davies as partner in the firm's finance group. In her new role, the seasoned attorney will focus on private credit in the middle market.

Ares hires new co-head of European alternative credit
Ares Management has hired Stefano Questa as partner and co-head of Europe alternative credit, as the alternative investment giant continues to build out its global private credit business

Marathon adds private credit veteran
Marathon Asset Management has hired a private credit expert from pensions consultant Aksia 

San Francisco retirement system puts another USD 100m into private credit
The San Francisco City & County Employees' Retirement System recently disclosed another round of alternative investment commitments, this time totaling USD 365m, including USD 100m for the pension system's private credit portfolio

Permira promotes Bauer to co-head of direct lending
Permira has promoted Jens Bauer from managing director to the role of co-head of direct lending investment team and investment committee member

Wisconsin agency approves USD 55m in commitments for two private debt funds
The Wisconsin Board of Commissioners of Public Lands has approved two new debt commitments, according to recent meeting materials

Riverstone Credit Partners co-founders launch new energy credit investment company
New energy industry credit investment firm Breakwall Capital will focus on sustainable infrastructure investments, the circular economy and next-gen fuels

Managers advise caution despite upbeat outlook for private credit
The golden age of private credit isn’t over yet. In fact, industry experts remain bullish, anticipating continued growth in our breakdown of recent outlooks for the market

Private credit hit by growing pains as agreements get longer and execution slows
The rapid rise in private credit continues to stir up excitement among borrowers. But, despite the sector’s competitive advantages — such as speed of execution and light regulation — deals are taking longer to close as the industry expands.

Credit hedge funds
Credit hedge fund performance

Credit funds at a glance
Credit funds at a glance

Greensledge arranges new private credit CFO
Churchill Asset Management, an investment-specialist affiliate of Nuveen, announced on Monday it had closed its second collateralised fund obligation, or CFO

llinois Municipal Retirement Fund pumps hundreds of million more into private credit
The Illinois Municipal Retirement Fund has approved another round of alternative investment commitments, this time totaling USD 544m, including USD 400m allocated to private credit 

AustralianSuper increases private credit allocation as it seeks to triple exposure to the market
AustralianSuper has increased its investment mandate with private credit specialist Churchill Asset Management to USD 1.5bn, as Australia's largest pension system looks to triple its exposure in the fast-growing international private credit market

Canadian venture capital lender secures USD 150m for tech-focused private credit fund
Vistara raised fresh capital for its strategy of lending between USD 10m and USD 30m to mid-to-later-stage software companies across North America

Goldman Sachs shakes up private credit team
Goldman Sachs is rearranging its senior-level private credit team with the appointment of Greg Olafson as global head of private credit. 

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.