Arrow Global names new senior-level hires
London-based asset manager announces new CIO of credit and direct lending

Illinois police pension fund opens search for credit managers

The fund plans to start investing in US leveraged loans and increase allocations for private credit

Direct lending firm hires partner from Blue Owl
The newest addition to the team will focus on product and business development

Helaba to launch EUR 500m infrastructure debt fund
Helaba Group is looking to launch its first comingled infrastructure debt fund, as the bank looks to expand its investment management capabilities in the sector

Blackstone loses head of private credit in Europe and APAC
Senior managing director will stay until the end of the year before stepping back for personal reasons

Mount Street taps Dechert exec for client development role
The European-headquartered third-party loan servicer and credit asset manager is expanding Stateside. 

Demand for custom private credit structures growing says new report
The use of open-ended funds and hybrid structures are on the rise in private credit strategies according to a new report published by the Alternative Credit Council and law firm Dechert

Rabobank launches new direct lending platform
Colesco Capital with a focus on sustainable direct lending

Blackstone combines credit and insurance divisions in major reorganisation
The newly-created BXCI unit will be led by Blackstone veteran Gilles Dellaert and aims to grow assets under management to $1 trillion over the next decade.

California retirement association commits up to $62 million to credit fund
San Joaquin County Employees' Retirement Association has committed up to $62 million to direct lending strategy

Opale selects three funds for tactical credit investment strategy
Digital platform for French investors launches first private debt investment strategy

Comvest Partners adds new head of investor relations from BlackRock
The newest addition to the firm's senior-level team has been tasked with managing investor relations across direct lending, private equity and special opportunities investment strategies

Abu Dhabi-based sovereign investors put $1 billion into tech-focused credit platform
Abu Dhabi-based sovereign investor forms strategic partnership with US asset manager as it focuses on technology lending strategy

Societe Generale teams up with Brookfield for €10 billion private debt fund
New fund launched with €2.5 billion of seed funding and plans to reach their target over the next four years

Monomoy Capital Partners' credit fund boasts $300 million in commitments
Monomoy secures $300 million for Monomoy Credit Opportunities Fund II 

Louisiana retire system commits $100 million to direct lending fund

The Louisiana Teachers’ Retirement System puts $100 million into direct lending fund. 

Bridgepoint Group acquires Energy Capital
Bridgepoint Group adopts infrastructure strategy with acquisition of Energy Capital Partners. 

Credit funds at a glance (September 2023)
A round-up of people moves and fund raising  

Credit hedge fund returns (September 2023)
Credit hedge fund returns  

Private credit takes off in Asia Pacific
Asia is finally joining the global rush for private credit lending with a stream of fund launches

Kansas City Police Retirement System focuses on private credit
Ares has been hired by the organization to manage some of its private credit portfolio as it increases allocations to the strategy 

San Antonio Fire & Police deploys another $30 million to direct lender
The pension fund made its 10th allocation to a manager that focuses on venture debt investments to early-stage tech and life sciences companies

Ohio Police & Fire commits $50 million to private credit
Ohio Police & Fire pension system makes first private credit commitment for the year to a Barings fund

Ares scores $200 million for third senior direct lending fund
The Los Angeles-based alternative asset manager received a commitment from a Phoenix-based pension plan

Illinois Municipal Retirement Fund sinks hundreds of millions into credit funds

The Illinois Municipal Retirement Fund has invested more than half a billion dollars into several credit and direct lending funds