NewOak and ex-Moody's official launch new private credit service
NewOak has launched a new business to provide asset administration services to private credit managers, headed by former senior Moody’s official Yuri Yoshizawa

Pemberton hires Australian bank's former head of credit in London
Fresh from launching a UK middle-market credit fund, Pemberton has announced that Ben Gulliver has joined as a partner and portfolio manager in London

Monroe raises $800 million for private debt fund
Chicago-based Monroe Capital has announced that it raised $800 million in for a new private debt fund

Ex-Barclays and Third Avenue officials establish new direct lending firm
Two New York-based loan specialists have come together to establish a new US direct lending outfit, which they have named Everside Capital Partners

Bain joins craze for private BDCs
Bain Capital Credit held the first close of capital raising for a new private business development company yesterday

NXT adds $900 million to its direct lending firepower with new US fund
NXT Capital has raised $900 million for its latest direct lending fund, according to an announcement

Non-sponsored companies take growing share of European direct lending
Sponsorless deals are growing as a proportion of the European direct lending market, according to Deloitte’s latest quarterly Alternative Lending Deal Tracker  

BNP Paribas manager and bank team up on direct lending
BNP Paribas Investment Partners has announced that it has reached the first close on a new direct lending fund, which is geared towards the French market

Los Angeles-based direct lender gets its big break with $100 million fund
Breakaway Capital Partners, led by former Monroe official Warren Woo, says that it has raised $100 million for its second direct lending fund

HIG's Mundassery takes on direct lending leadership role
HIG Capital has announced that long-serving employee Appu Mundassery has been appointed its head of direct lending in Europe

Tikehau closes largest direct lending fund to date following global interest
Tikehau Investment Management has announced that it has closed a new €610 million direct lending fund.

British Business Bank goes north to support asset-based lender
The north west of England continues to be a popular destination for UK direct lenders with British Business Bank Investments announcing today that it has allocated £18 million ($23.9 million) to Praetura Asset Finance

Capitala secures investment in new mid-market credit fund
Capitala has announced the “anchor closing” of a new fund with a target size of $500 million

BlueBay adds senior analyst to its German direct lending team
BlueBay Asset Management has hired Marcus Maier-Krug as a senior credit analyst to its German direct lending team. The firm had lost a senior member of its German direct lending team a couple of months back

Direct lender FS commits $830 million in Q2 mid-market push
FS Investments, the firm formerly known as Franklin Square, has announced that its direct lending platform made over $830 million in new mid-market loans in the second quarter

Investors likely to increase direct lending allocations, finds Elian
Investors are set to increase their allocation to private debt in the next 12 months, according to a survey published by fund services provider Elian.