Pensions pivot from vanilla private credit to focus on niche sectors
Retirement and pension funds continue to pump money into private credit, enticed by the prospect of higher returns. But as the market grows, more are turning their attention to niche sectors, such as ESG-oriented investments and specialised credit.

Singapore-based private credit firm's latest fund has $205 million first close
The latest fund in the growing APAC private credit market includes investments from institutional investors in Canada, the US and Japan

OMERS turns to APAC for latest private credit opportunities
Goldman Sachs Asset Management and the Ontario Municipal Employees' Retirement System have joined forces again for a new set of investments in the booming private credit market, this time targeting the Asia Pacific region

Blackstone loses head of private credit in Europe and APAC
Senior managing director will stay until the end of the year before stepping back for personal reasons

Private credit takes off in Asia Pacific
Asia is finally joining the global rush for private credit lending with a stream of fund launches

Australian fund manager adds new credit PM
Australian fund manager IAM has branched into opportunistic credit with the acquisition of the River Capital Liquid Credit Fund and credit mandate, which includes a move for the fund’s portfolio manager.

Muzinich places $500 million bet on Asia Pacific region
The investment firm completed the final close for its first Asia Pacific-focused private credit fund with $500 million. 

We pulled back because yields didn’t seem to match the risk. Now it’s better
During visits to Melbourne and Sydney last month, conversations with clients and friends about private debt revealed important contexts to understanding how investors there think about the asset class.

Revolution wins private debt mandate from UniSuper
UniSuper, one of Australia’s largest super funds, has announced it mandated Revolution Asset Management to manage an Australian and New Zealand private debt portfolio

Bain reveals $4bn of direct lending investments in 2023
Bain Capital Credit says it invested $4 billion in private equity-sponsored, middle-market companies last year.

Credit Rendezvous: Make yourself comfortable, there’s a storm coming
In our Q1 outlook, we speak to Edwin Wilches, PGIM (US CLOs), Mikkel Sckerl and Flemming Dose, Capital Four (European CLOs),  Jim Fitzpatrick, CQS (US loans), Loic Prevot, Polus (European loans), Madelaine Jones, Oaktree (global high yield), Art Penn, Pennant Park (US direct lending), Mattis Poetter, Arcmont (European direct lending), Keerthi Raghavan, Waterfall (structured credit), Ray Costa, Benefit Street (distressed), Grant Webster, Ninety One (Emerging markets), Oumar Diallo, Aeon (real assets) for their views for the upcoming quarter. 

Fund performance: Credit funds end difficult 2022 on a positive note
In December 66% of credit funds reached a positive return, following an even better November where 81% of all funds pushed into the black

Credit funds at a glance (February 2023)
A round up of people moves and fundraising

Senior Investcorp official lands at wealth manager
A well-known name in the CLO industry has landed at a wealth management firm 

Fund performance: Light at the end of the tunnel for credit funds after difficult year
Following a tough September, credit funds bounced back in October as 59% of funds made positive returns.

Credit hedge fund returns (December 2023)
Credit hedge fund returns

Credit funds at a glance (December 2023)
A round up of fundraising and people moves in credit

PAG closes 'largest' Asia-Pacific direct lending fund
PAG has closed its fifth pan-Asian direct lending fund, PAG Loan Fund V, at its $2.6 billion hard cap

Abu Dhabi's Chimera launches inaugural private credit offering
Abu Dhabi-based Chimera Capital has launched its first offering under its new credit unit, teaming up with Alpha Wave Global have teamed up to launch an open-ended credit fund

Fund performance: Wake us up when September ends
After a resurgent August, credit markets hit a rough patch in September, with every Creditflux index posting negative returns, and only 12.9% of funds in our listings showing a positive return.

Credit hedge fund returns (November 2022)
Credit hedge fund returns

Credit funds at a glance (November 2022)
A round up of fundraising and people moves in credit

KKR and Mubadala form $1 billion Asian private credit partnership
KKR and Abu Dhabi state fund Mubadala have formed a $1 billion ‘strategic partnership’ to co-invest across performing Asia private credit

Carlyle launches private credit JV to invest in Australia and New Zealand
Carlyle Group has teamed up with Australian-based credit firm Amicaa to launch a joint venture investing in opportunistic private credit in Australia and New Zealand