Mexico-based manager's credit fund reaches $55 million
Mexico-based Clarum has raised $54.6 million for its AlphaCredit Debt Fund

Illinois pension fund to invest in new NXT and Riverstone credit funds
An Illinois pension fund is set to invest $125 million with NXT Capital and $100 million with Riverstone Credit Partners as it ups its income allocation target by 1%

Fundraising's a hoot for Owl Rock as its BDC reaches $4.6 billion
New York-based Owl Rock has raised $4.6 billion since March 2016 for its mid-market debt fund, a regulatory filing reveals.

TCA global credit fund benefits from inflows
TCA's Global Credit Fund has grown by $37.5 million in 12 months, bringing its total to $131.1 million

Carlyle takes another step towards private credit growth with marketing hire
Brett Hinton has joined Carlyle Group in a business development role geared towards private credit

Palisades raises $26 million for new credit fund
West coast manager Palisades Investment Partners is fundraising for a new credit fund

Goldman Sachs and KKR private credit funds win Korean investors
Korea Post has decided to commit $200 million to a new mezzanine debt fund from Goldman Sachs and $100 million to KKR Credit’s global mezzanine fund, according to local media reports

Golub adds to mid market credit team in Chicago
Golub Capital has made a new hire for its middle market lending team in recent weeks

Barings raises $350.8 million for Cayman private loan fund
Barings has raised $350.8 million among 16 investors for its North American Private Loan Fund, based in the Cayman Islands

Canadian pension fund forced to look beyond investment grade credit
Pension fund embarks on a massive overhaul of its fixed income platform

Monroe Capital adds loan to Delaware flooring maker Parterre
Monroe Capital makes loan to Tower Three Partners-backed Parterre Flooring & Surface Systems

Bain Capital raises $557 million for Asia credit fund
Bain Capital has held the first close of its Asia credit fund, known as Bain Capital Special Situations Asia – and has already raised $557 million for the fund

Pension funds shake up portfolios to make room for direct lending
Pension funds globally are scrambling to make space for direct lending loans within their portfolios

Texas pension fund plans to expand into opportunistic credit
Public pension plans to introduce a 2-3% allocation to opportunistic credit as it eyes new credit classes

Golub wins first mandate as US pension fund seeks private credit managers
Nebraska's Police & Fire Pension Investment Board has decided to increase the fund's overall private credit allocation from 0% to 5%

Pension funds eye managed accounts
A growing number of US pension funds are opting to build on their direct lending exposure by requesting managed accounts

Direct lender Twin Brook adds loan to bath products maker
Twin Brook Capital recently added new loan as it continues to ramp up its recently raised direct lending fund

BC Partners makes rapid progress as it closes in on new credit fund and SMA
Market sources say that BC Partners is making a swift entry into the credit markets with the private equity firm close to raising $700 million

Arizona retirement trust ups its private debt allocation by $75 million
The Arizona Public Safety Personnel Retirement System (PSPRS) is set to up its private debt allocation, committing up to $75 million to a New York-based manager.

GS Mezzanine Partners raises $725 million in three weeks  
GS Mezzanine Partners, the lending arm of Goldman Sachs, has collected at least $725 million for its new fund, GS Mezzanine Partners VII

PineBridge brings in BDCA team to start a new direct lending business
PineBridge Investments has hired a three-person team to launch a new direct lending business in New York

Guggenheim to take over $400 million mid-market credit fund
Guggenheim will take over as Interim Investment Advisor to the fund on 11 September. The fund’s board of trustees is currently seeking shareholder approval for Guggenheim to become the permanent advisor after that.

Harvest BDC lowers its cost of finance with bond issuance
New York-based Harvest Capital Credit has launched a new public bond offering that is expected to close today

Twin Brook stretches out loan to physical therapy chain
Twin Brook Capital, the mid-market debt manager owned by Angelo Gordon, has upped its lending to a chain of physical therapy (physiotherapy) facilities

Institutional investors - does Europe still provide the best opportunities in credit?
Cash or synthetics, CLOs versus CMBS, senior or junior debt? Institutional investors have a variety of ways to approach credit investing and Creditflux's biannual survey of credit allocators aims to determine which market they view as offering compelling returns