Channel Capital launches fund that taps into Goldman Sach’s European private credit

Neuberger raises more than USD 2.7bn for fifth private credit fund
Neuberger Berman is fundraising for a fund that provides direct loans to North American private equity-owned companies 

Double digit returns tempt Middle Eastern investors to allocate to private credit
Investors in the Middle East are allocating billions to private credit. The trend is just getting started, with investments in the region expected to grow.

Temasek’s asset manager to buy minority stake in a private credit firm
Seviora Holdings agrees to purchase Hong Kong-based ADM Capital for an undisclosed sum

Australian brokerage launches private credit division and first debt fund
A new firm, spun-off of a commercial finance brokerage, has launched a direct lending fund to invest in property-backed Australian SMEs

Funds roundup: June 2024
Private credit funds keep getting larger — some reaching billion-dollar status — while demand for niche solutions, such as interval funds and special situations, continues to escalate

Australia’s $4tn retirement funds pour into private credit to capitalise on steady returns
Funds that make up one of the world’s largest pools of cash are allocating to private credit

Indian alternative asset manager seeking USD 240m for private credit fund
Indian alternative asset manager Vivriti Asset Management recently revealed plans to raise USD 240m (INR 20bn) for a new Indian private credit fund 

17Capital opens offices in Dubai as demand for NAV financing grows
A growing global appetite for NAV finance has prompted London-headquartered credit specialist 17Capital to open a new office in Dubai

Pengana launches private credit platform aimed at retail investors
Sydney-headquartered money manager Pengana Capital Group has launched a new private credit platform

Indian manager raises nearly INR 25.75bn for credit opportunities fund
A Mumbai-based manager held a final close on its new special sits fund with INR 25.75bn raised

Australian money manager plans to launch AUD 1bn IG fund
An Australian alternative asset manager is planning to launch a new AUD 1bn investment grade debt fund, drawing on the country's pension system as a major source of fundraising

BlackRock hires from Jefferies to lead private credit push in Southeast Asia
BlackRock continues to build out its private credit teams outside of North America with the addition of a new senior-level hire in Asia

Funds round up: May 2024
The demand for SRT strategies and special situations funds are on the uptick, as is the demand for managers and funds outside of North America. 

Davidson Kempner signs on to Alta digital exchange
Davidson Kempner Capital Management has entered a deal to offer access to its multi-strategy and ABL strategies through Alta

Shorooq Partners closes USD 100m private credit fund
Shorooq Partners, an Abu Dhabi-based alternative investment manager, announced on 23 May the first close of its USD 100m second private credit fund

Singapore-based Kadita Partners closes private credit fund
Singapore-based private credit manager Kadita Partners has closed the Kadita Credit Solutions Fund 1

Funds round up: April 2024
Allocations to private credit and new fund launches continued to roll out in April, as our monthly round-up confirms

Blue Owl brings sovereign wealth fund deputy CIO onboard
Private credit specialist Blue Owl Capital has become the latest direct lender to expand in Australia with a major hire

Australian private credit fund-of-funds launched for retail investors
Pengana Capital Group has launched a private credit fund for retail investors that will be listed on the Australian Stock Exchange

IACPM survey finds credit PMs still gloomy, but less so than last quarter
Respondents to the latest IACPM Credit Outlook Survey are still negative about future credit conditions, but less so than in previous surveys

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

Global Loan Highlights 1Q24: Don’t call it a comeback
Loan refinancing share hits historic high, but IG issuance stymies YoY global growth

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

BlackRock names new head of private credit for India
BlackRock's Maheshwar Nataraj gets a promotion as Dhruva Agarwal departs.