Credit manager Redpoint rebrands into Park Cities
Redpoint Capital Group has rebranded as Park Cities Asset Management, reflecting the firm’s broader vision within the industry

Direct lender Madison announces new CEO
Chicago-based Madison Capital Funding, a subsidiary of New York Life Insurance Company, has announced a CEO successor to step into the role mid-2018

Tennenbaum opens new Atlanta office and makes two senior hires
Tennenbaum Capital Partners (TCP) opens new Atlanta office following the strong demand for direct lending 

Comvest raises $836 million for leveraged direct lending fund
Following its rebrand in November, middle-market lender Comvest Credit Partners has exceeded the $650 million target size for it fourth direct lending fund 

Chicago credit manager names new managing director and announces new hires
Maranon Capital has announced three hires and several promotions – including Laura Albrecht's promotion to managing director and partner

Direct lending firm and former MD square off in alleged computer hacking row
A co-founder of a New York direct lending hedge fund firm has accused the company of hacking into his personal computer network, according to court documents seen by Creditflux

Co-founder of shuttered firm resurfaces at New York direct lender
A former senior executive from Torrey Pointe has resurfaced at Victory Park Capital in New York

West coast manager closes $1.9 billion direct lending fund
Alternative investment manager Tennenbaum Capital Partners has held a final close of its eighth direct lending fund, TCP Direct Lending Fund VIII, with more than $1.9 billion of capital commitments

US mid-market earnings grow 12.8% in Q4 2017, up from 4.9% in Q3
Earnings in the US middle market grew by 12.8% in fourth quarter 2017, while overall revenue grew by 11.5% during September and October 2017, according to a Golub report

Canadian firm holds high hopes for cannabis-focused infrastructure fund
Direct lending firm Bridging Finance hopes its new fund – which will be focused on private debt loans related to the cannabis sector – doesn't go up in smoke

Crestline targets up to $500 million for new portfolio financing fund
Credit specialist Crestline Investors is launching a new fund to provide financing solutions to mature private equity funds, according to documents seen by Creditflux

Bitcoin-focused Denver manager markets two blockchain funds
Denver-based Salt Blockchain Asset Partners, which focuses on the digital asset sector, appears to be marketing two funds

Toronto manager raises $260 million for debut direct lending fund
The investment arm of Power Corp, Toronto-headquartered Sagard Holdings, has raised about CAD325 million ($260 million) in the first close of a debut direct lending fund

Credit manager Drift changes its name to Charleston
Alternative asset manager Drift Capital Partners has changed its name to Charleston Capital Management, the firm told investors this week

Hamilton Lane holds first close of newest credit fund at over $16 million
The Pennsylvania asset manager's lastest credit fund was launched last year, making its first sale on 20 December, according to regulatory filings

San Francisco-based direct lender passes original offering cap
San Francisco-based direct lender Tree Line Capital Partners appears to have raised $81 million for its Tree Line Credit Strategies fund, which originally had a total offering amount of $75 million, Creditflux understands

Middle-market lender LBC promotes seven
Middle-market direct lender LBC Credit Partners has announced the promotions of seven team members

Carlyle's head of origination for credit earns promotion to partner
Carlyle Group has announced 58 senior promotions across all its global offices: eight to partner, 19 to managing director and 31 to principal/director

Ex-Pine River, Varde and Whitebox officials join forces to launch US direct lender
Former Varde Partners professional Neal Johnson has launched a direct lending firm called Hunter Street Partners, which includes partners that have served at some of the credit industry's most well known fund managers

New York direct lender announces three senior promotions
Direct lender Abacus slides three counters across into the promoted section

Ironwood raises at least $162 million for new mezz fund
Connecticut-based Ironwood Capital has raised in excess of $162 million for its latest mezzanine fund – Ironwood Mezzanine Fund IV, according to recent SEC filings.

Manager unleashes new Hunting Dog credit fund
Hunting Dog, a firm which prizes canine-like traits such as discipline and perseverence, is marketing a new direct lending strategy

Peak Rock brings in $1.3 billion for mid market fund
Austin-based Peak Rock Capital has closed its second fund at hard cap $1.3 billion, exceeding its target of $900 million

Searchlight and LionTree join forces on TMT investments
Searchight + LionTree = LightTree, a new partnership which will invest across debt and equity in the TMT space