Texas pension system commits USD 100m to direct lending
The Texas County & District Retirement System recently allocated USD 100m to a direct lending fund at its 1 April meeting

Blue Torch closes USD 2.3bn private credit fund
New York-based middle market lender Blue Torch Capital has closed its Blue Torch Credit Opportunities Fund III

San Francisco pension system continues to invest in private credit
The board of the San Francisco City & County Employees' Retirement System has allocated USD 75m to a credit special situations fund  

Viking's head of credit leaves the hedge fund amid organizational changes
The head of credit at Viking Global Investors, has left the Greenwich, Conn.-based hedge fund amid organizational changes, according to an investor letter

Louisiana pension system allocates to private credit
The Louisiana Teachers’ Retirement System has recently made a fresh round of commitments to alternative funds, including to private credit.

Direct lender Raven separates from Metlife just one year after it was acquired
Raven Capital Management, a New York and Santa Monica-based private credit specialist, has parted ways with parent company Metlife after just a year under its ownership

Chicago pension system allocates USD 40m to private credit
The Policemen's Annuity and Benefit Fund of Chicago approved two commitments to private credit totaling USD 40m at its 24 January meeting

Evolution hires new managing director from JP Morgan
Evolution Credit Partners has added a managing director on the investment team, helping grow the Boston-headquartered firm's working capital finance and leveraged finance businesses

Ares launches third vintage of senior direct lending fund
Ares Management recently filed regulatory documents with the US Securities and Exchange Commission for the Ares Sr Direct Lending III Access Parallel

Golub resets 2019 vintage middle market CLO
Golub Capital Investment Management reset Golub Capital Partners CLO 46 last week

AGL and Barclays launch new credit platform
AGL Credit Management and Barclays have teamed up to launch AGL Private Credit, a new private credit investment platform backed by the Abu Dhabi Investment Authority 

Funds round up: private credit reaches for retail
A number of new credit funds launched last month to round out 2024's first quarter, including ones in Europe aimed at retail investors

Akin hires Paul Hastings lawyer for private credit practice
Akin Gump Strauss Hauer & Feld continues to expand its special situations and private credit practice with the hire of a new partner in the group

Washington State pension system allocates USD 60m to direct lending
The Tacoma Employees’ Retirement System approved two commitments totaling USD 60m to direct lending funds during its March meeting

Golub keeps up the pace with big static BSL CLO
Golub has returned to the market with another typically sizeable offering, adding the fifth-largest deal of the year to their portfolio 

Barings shrugs off team liftout with new private credit deal
Barings is putting up a fight in the private credit market despite the dramatic loss of 20 members, acting as lead agent on a new private credit deal

South Carolina pension system commits USD 100m to asset backed fund
The South Carolina Retirement System recently revealed a commitment made on 27 February of up to USD 100m

New Mexico sovereign wealth fund pumps an additional USD 450m into private credit
The New Mexico State Investment Council latest commitments to private credit total up to USD 450m, spread across three managers

Deerpath prices new MM CLO
Deerpath Capital yesterday dipped its toe back in the primary market water for the first time since December

Big is beautiful for latest Antares MM CLO
Last week saw Antares Capital Advisers price its first new CLO of the year, a giant middle-market deal that also priced extremely tightly

Monroe Capital expands in Middle East with new hire and Abu Dhabi office
Monroe Capital has hired Waleed Noor as managing director and head of Middle East distribution, as private credit funds continue to target LPs in the region

Blue Owl pulls off tight reset for 2020 middle market CLO
Another Covid-era middle market deal was restructured yesterday, as Blue Owl pulled the trigger on a USD 395.31m reset 

Refi of PennantPark V middle-market CLO tightens triple-A by 90bps
Pennant Park has refinanced its PennantPark V CLO, a middle-market deal from late 2022

Apollo launches new BDC backed by Mubadala
Apollo has created a new private BDC that will invest money from Abu Dhabi-based sovereign wealth fund Mubadala Investment Company, in addition to other institutional investors.

Akin Gump hires Paul Hastings partner for private credit practice
The New York-based partner will join the growing special situations and private credit practice.