Columbia Advisory Partners launches new private credit fund
Washington state-based investment firm Columbia Advisory Partners creates new credit fund

Proskauer welcomes back seasoned private credit lawyer, this time as partner
Proskauer welcomes back seasoned lawyer as partner to private credit group

Cerberus's 2023 mid market CLO volumes rise to $1.25 billion after third deal
Cerberus Business Finance has priced its third middle market CLO of 2023 and brought its issuance volumes for the year to $1.25 billion, thus becoming the third manager to pass the $1 billion threshold

Cresset has named new head of private credit
Cresset Partners taps new head of private credit from Midwest Holdings

Houston Police Officers' Pension System commits nearly $38 million to credit fund
Houston Police Officers' Pension System approves nearly $38 million for credit fund

KKR adds new evergreen fund to direct lending line-up
Investment giant KKR has launched a new direct lending fund, according to fund filings

San Francisco retirement system sets aside $55 million for private credit
San Francisco Employees' Retirement System reserves hundreds of millions of dollars for alternative funds, including private credit

Monroe returns to CLO primary with first mid market deal of 2023
Monroe Capital Partners priced its first CLO in almost a year on Friday at a size of $399.2 million

CLO double Bs offer 700bp premium versus high yield bonds, says Oaktree
The yield premium offered by double B CLO paper compared to corporate high yield bonds with the same rating has exploded to 700 basis points, according to a new episode of Oaktree Capital Management's podcast series The Insight

Kern County allocates $90 million for credit funds
Kern County commits up to $90 million to two private credit funds and a special opportunities fund 

Scotiabank gets first CLO deal with Blue Owl tech reset
Scotiabank scored its first CLO arranging credit on Monday after serving as joint bookrunner with MUFG on a $204 million reset for Blue Owl Capital

Goldman Sachs makes middle market CLO debut arranging deal for Blue Owl
Goldman Sachs became a middle market CLO arranger for the first time on Tuesday after issuing a deal for Blue Owl Capital named Owl Rock CLO XIII

Ventura County commits another $45 million to private credit funds
Ventura County Employees' Retirement Association has approved another round of direct lending fund commitments, this time totaling $45 million across two funds

Funds round-up: its still all about private credit
Our summary of all the news about credit funds in the last seven days as private credit again dominated fundraising 

Sixth Street taps Goldman Sachs exec for co-chief investment officer
Sixth Street Partners taps Goldman Sachs veteran Julian Salisbury for co-chief investment officer role

Scotiabank clocks first CLO arranging credit on upcoming Owl Rock reset
Scotiabank is set to claim its first CLO issuance later this month after it emerged that the bank is acting as joint bookrunner on a reset of Owl Rock Technology Financing 2020-1

Private credit default index shows surprise decrease in the second quarter
Proskauer’s Default Index of the US private credit market was 1.64% in the second quarter, a significant decrease from 2.15% in 1Q23.

NB raises $2.5 billion for structured equity fund
Neuberger Berman has announced the close of its NB Credit Opportunities Fund II. The fund raised approximately $2.5 billion of limited partner commitments.

Comvest raises $2 billion for new private credit fund
Comvest Partners has announced that Comvest Credit Partners, its direct lending platform, has completed the final close of its latest flagship fund, Comvest Credit Partners VI.

Food and beverage specialist launches second private credit fund
Proterra Investment Partners has announced the close of its second private credit fund, Proterra Credit Fund 2, with the new fund closing above its initial $500 million hard cap.

Deerpath resets middle market CLO from 2020
Deerpath Capital Management reset a 2020 era CLO on Monday, becoming the second manager this year to rework a deal backed by middle market loans

Guggenheim returns to middle market CLO issuance after 18 months away
Guggenheim Investments priced its first middle market CLO in over 18 months on Thursday in a deal structured by Natixis

Channel Capital hires new head of originations for US fintech partnerships
Channel Capital names new head of originations for US fintech partnerships. 

Jefferies Credit Partners plans new BDC

Jefferies Credit Partners plans to launch its first private placement of a business development company. 

Nomura Private Capital taps BlackRock for new senior role

Nomura Private Capital hires new head of opportunistic private credit from BlackRock.