Credit manager ICG hires west coast marketer
London-based credit manager Intermediate Capital Group has announced that it has hired a marketing specialist on the US west coast

Fund manager sees global appeal for new $2 billion energy lending fund
EIG welcomes commitments from non-US based investors for its new direct lending fund

Highland shelves plans for format switch as interval funds gather pace
Instead of converting a mutual fund into an interval fund, Highland is looking to launch an interval fund - viewed as a investor-friendly alternative to BDCs - from scratch 

Sumitomo eyes mid-market CLOs
SMBC has decided to try its hand at CLO arranging 

Direct lenders look to spread their wings and cross the Atlantic
Middle-market lending is becoming a global business amid talks of JVs

Investing ethically is worth it
Managers could see less volatile returns as a result of their increasing adoption of ESG-friendly portfolios; meanwhile direct lending is spreading across Europe

Join the debate
What's wrong with non-sponsored direct lending?

BlueBay, Brightwood and Permira win private debt mandates
BlueBay Asset Management, Brightwood Capital Advisors and Permira Debt Management have been tasked with overseeing a London pension fund’s direct lending portfolio

A star is born as Antares re-debuts in CLOs with largest 2.0
Antares Capital is back in the CLO market with a (big) bang

Tennessee pension fund turns its attention to non-sponsored direct lending
The $42 billion Tennessee Consolidated Retirement System is researching into direct lending opportunities

Chicago-based manager floats new $500 million loan fund
A mid-market specialist founded by two former American Capital officials is understood to be in the market with a new senior loan fund  

Twin Brook writes loan to support US-based lighting manufacturer
Angelo Gordon’s Twin Brook Capital Partners unit provided financing to support Harbour Group’s leveraged buyout of ILP, Creditflux understands

Credit manager bucks the trend by shifting into private equity
A host of private equity firms are planning direct lending funds, but one direct lender is moving in the opposite direction  

Former Apollo CIO quits troubled Fifth Street after four months
Fifth Street Asset Management announced yesterday that it has parted company with a founder partner of Apollo Global Management, brought in late last year as part of a shake-up at the company

Move up the stack to avoid implosion
Pundit warns investors to be concerned about return of their principal – but senior loans may be a safe haven as credit yields are squeezed and high yield becomes crowded

Private credit isn’t crowded: it’s following the 80/20 rule
With 20% of private credit fundraising dedicated to 80% of financing there is plenty of room for new players