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

Cerberus outlines CLO-based mid-market financing strategy
Cerberus claims not to be a CLO manager (not in the traditional sense anyway), but the firm is targeting two more mid-market CLOs this year

Cov-lites have invaded the US mid-market, investors hear
Covenant-lite documentation has made strong inroads into US mid-market loans in the past year

Private credit manager eyes merger amid tough fundraising conditions
A direct lender operating a in one of the sparsely-populated parts of the market is open to a strategic partnership with a fund manager after scrapping a fund launch 

US credit firm hires CLO portfolio manager and head of private debt
A US credit manager has announced two major hires to its direct lending and CLO management businesses in New York

HIG raises new fund as head reveals secret sauce in direct loan origination
HIG WhiteHorse has announced that it has closed its debut direct lending fund, the HIG WhiteHorse Direct Lending Fund, after making a big push into the strategy last year

Think outside the box
While the US market credit is the most liquid and the UK is considered the home of European direct lending, there are opportunities further a?eld

Direct lenders find value in non-sponsor loans
Sourcing non-sponsored loans for direct lending funds is no easy task. But it could be well worth the effort

Points up front: Private equity is the enemy
Damien Dwin of Brightwood Capital Advisors was one of the most talked about speakers at Credit?ux’s Private Credit conference last month in New York, raising a laugh with his forthright comments about private equity ?rms.

Managers take baby steps into retail loans
Retail loans have been out of favour among fund managers for some time, and although this sentiment persists, CLO-i data shows that there is an active two-way market for certain names

Private credit responds to pressure
“Everything that can be stretched gets stretched,” so says NewStar founder Timothy Conway as talk at Creditflux’s Private Credit conference turned to deal terms getting stretched