European Union rolls out ELTIF 2.0 structure
The European Union’s latest regulations for its long-term investment funds — known as ELTIF 2.0 — went into effect on 10 January, ousting the old model to make it easier for both alternative investment managers and retail investors alike to tap into the market

Alternative asset managers increasingly tapping wealth channel for private credit fundraising
Wealthy individual investors have become increasingly appealing to alternative asset managers looking to raise money for private credit funds as asset managers look to broaden fundraising beyond institutional investors

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

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

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.

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. 

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

Beechbrook hires new managing director to expand UK direct lending business
London-headquartered Beechbrook Capital has hired Richard Smart as managing director tasked with growing the European lower-mid-market debt manager's UK direct lending strategy

Permira confirms co-heads of credit platform
European alternative credit manager Permira Credit has named David Hirschmann and Ariadna Stefanescu as co-heads, effective immediately, as parent company Permira makes plans to expand the credit business

Goodwin hires London-based partner for private investment funds practice
John Anderson has been hired as a partner by Goodwin Procter in the firm's private investment funds practice as the global law firm prepares for increased activity in the space

Connecticut Retirement Plans and Trust Funds commits more than USD 600m to credit manager
Connecticut Retirement Plans and Trust Funds has allocated approximately USD 625m to pension funds in the state's private credit portfolio

AEW Europe completes deal to buy private debt manager Natixis
AEW Europe has finalized a deal to buy private debt platform Natixis Investment Managers International for an undisclosed amount, as the European real estate investment manager continues to expand its global direct lending footprint

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

Expect to see a European MM CLO this year, conference hears
A European middle-market CLO is closer than ever to becoming a reality in 2024, according to the consensus view at S&P Global’s 2024 Structured Finance Outlook

Global CLO rankings - FY 2023
Our full rankings for the global CLO market, including arrangers, law firms and trustees

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

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.

2023: a bumper year for CLO funds
It looks like 2023 will finish as a solid year for most credit funds, and an outstanding one for CLO funds. But funds pursuing corporate distressed strategies continued to struggle

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

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