Kentucky pension funds invest $150 million in two US managers
Kentucky Retirement Systems has agreed to invest $150 million in private credit assets with two US asset managers, and has hired a new consultant to advise on asset allocation

Twin Brook ramps up direct lending fund with $198.5 million loans
Twin Brook Capital Partners has put just shy of $200 million of direct lending capital to work, extended loans to two mid-sized US businesses

Mid-market CLO issuance crosses $10 billion as Madison prices reset
Madison Capital Funding priced a reset of a 2014 middle-market CLO this week, according to market sources

US pension fund eyes private credit and increases credit allocation by 2%
A Pennsylvania pension fund is expected to up its target credit allocation and decreased its target allocations to private markets and real estate

Whitehorse expands mid-market team with hire from THL
Whitehorse Capital, the credit arm of HIG Capital, has added to its direct lending team by hiring a Los Angeles-based principal from THL Credit

Golub adds loan to insurance broker Epic
Golub Capital has backed Oak Hill Capital’s recent purchase of a stake in Epic Insurance Brokers & Consultants

Texas PE firm seeks $225 million as it launches its first-ever credit fund
Texas-based private equity firm The Sterling Group is seeking to raise funds for its first-ever credit vehicle

Carlyle taps former Davidson Kempner credit specialist as managing director
Carlyle Group has hired a new managing director on its credit opportunities team

Monroe sees to it that endoscope specialist obtains $26 million loan
Middle-market direct lending firm Monroe Capital has acted as sole arranger and administrative agent on the funding of a $26.3 million senior credit facility

Neuberger Berman targets corporate credit with $1.1 billion fund
Neuberger Berman closed a new credit fund yesterday, according to a statement from the firm

Direct lender Metropolitan names president in newly created role
New York-based Metropolitan Partners Group Management has appointed a president, naming John Ioannou in the newly created role

Ares raises $2.15 billion in seven months for private credit strategy
Ares Management has raised about $2.15 billion for a private credit fund over just seven months, as it creeps close to its $2.5 billion cap

GoldenTree partner joins Alcentra as co-chief investment officer in London
Vijay Rajguru, a partner at GoldenTree Asset Management, is joining Alcentra as its co-chief investment officer.

CVC Credit appoints chairman as credit CIO steps down
CVC Credit Partners has today announced that Stephen Hickey will be leaving the firm for personal reasons. Joining the firm will be former JP Morgan leveraged finance head Hamish Buckland

US manager taps ex-Credit Suisse chiefs to spearhead direct lending unit
The former co-heads of middle-market lending at Credit Suisse are spearheading a new US direct lending business

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

Cerberus's 2017 mid-market CLO issuance surpasses $1 billion
Cerberus Capital Management yesterday priced its third new issue middle-market CLO of the year

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