Thoma Bravo markets its debut credit fund
Private equity firms continue to be drawn towards opportunities in the credit markets. This time its Thoma Bravo, with the US firm seeking $750 million for a new credit-orientated fund

Direct lender launches new fund as investors acquire a taste for restaurant loans
Institutional investors are hungry for niche direct lending strategies it seems with CapitalSpring announcing that it has raised $725 million for a fund that will invest in the restaurant industry. Creditflux data shows that some of the largest direct lenders have between them raised $9.1 billion in recent months

Direct lending growth spurs Ares's AUM above $100 billion
Yet again credit and, more specifically, direct lending is proving to be the driving force behind Ares Management’s growth

Carlyle raises $1 billion for credit opps and structured credit funds
Carlyle Group’s has reiterated over the last several months that it sees huge potential in the credit market, and it is now experiencing joy on the fundraising trail

Former co-head of Rothschild Asset Management to run new Alcentra fund
The new credit interval fund run by Alcentra will be led by Michael Tamasco, according to an announcement.

French bank sees strong interest in blind pool financing from US funds
Natixis is said to be making big inroads into the US mid-market loan-funding business by providing leverage to fund managers on a “blind pool” basis.

Monroe moves into special situations credit after hiring from Melody
US middle-market lender Monroe Capital is expanding into special situations credit

Time-saving hedge fund platforms stop opportunities evaporating
Lengthy commitment periods and drawn-out negotiations between institutional investors and fund managers could be a thing of the past thanks to a wave of multi-manager hedge fund platforms

Creditflux parent rebrands as Acuris
Creditflux’s parent company gained a new name last month, with Mergermarket Group relaunching as Acuris

Points up front: the biggest leaving do of the year
Key players from across the CLO industry gathered to bid farewell to Alcentra’s Hiram Hamilton, who is swapping London for New York. 

They said it: No sympathy for managers
How many yatchs is enough for a credit portfolio manager?

Leading fund: Lupus Alpha CLO Opportunity Notes I
Single-B CLO trades boost Lupus Alpha asset Management

Angelo Gordon’s TwinBrook adds two more health care loans
US mid-market lending manager TwinBrook Capital Partners has added two further health care loans recently

Fund platform AMX eyeballs credit funds
Willis Towers Watson’s hedge fund platform has grown to $1.5 billion – and there is space for credit managers  

Oaktree finds space for structured credit in new global credit fund
Oaktree Capital Management has shed some light on its eagerly-awaited push into the structured credit market

KKR Credit's upcoming direct lending fund surpasses $600 million
Fundraising for direct lending strategies is firmly on the agenda at KKR

Twin Brook ups lending to mid west health care company
US mid-market lender Twin Brook Capital is understood to have increased its lending to a health care company that recently completed an LBO

CDPQ joins the private credit rush with senior hire in New York
O Canada - you're quickly becoming home of the private credit market. We list the key people flows over the last two years as pension funds in North America become ingrained in private credit

Recent start-up Freedom 3 sets up mid-market JV with KCap
New York-based mid market lender Freedom 3 has set up a joint venture with KCap Financial, the listed parent company of credit managers Trimaran Advisors and Katonah Debt Advisors

Barings goes global with new mid-market strategy after rapid fund raise
Barings says that it has raised $1.3 billion for a new middle-market credit fund after less than six months on the marketing trail

Angelo Gordon raises its second direct lending fund in two years
Twin Brook Capital Partners has announced the final close on its second direct lending fund at $1.6 billion. Taking into account related managed accounts, the Angelo Gordon subsidiary has raised $2.3 billion for the strategy

Fast-growing private credit firm Northleaf brings in senior advisor
Northleaf Capital Partners has announced that Robert Weiss has joined as a senior advisor for its private credit team

Ohio pension fund hires restaurant-focused direct lender
Ohio-based pension fund adopts a new private credit allocation after hiring its sixth private credit manager

Michigan pension goes back for more of manager's direct lending fund
The State of Michigan Retirement Systems made a secondary purchase of a US direct lending fund

Crestline targets low-teen returns for direct lending follow-up
Texas-based alternatives manager Crestline Investors has begun marketing its second mid market fund, according to documents seen by Creditflux