Allianz IM puts $200 million into Indian private debt
Allianz Investment Management has committed $200 million into the private debt platform of Edelweiss, an Indian diversified financial services firm.  

It’s going to be a credit picker’s market
Our panel of experts believe that the credit market will be volatile this year, but there will be opportunities in European credit and additional tier one bonds, trups CDOs and unitranches

Dignari nears $500 million target size for China credit fund
Dignari Capital Partners is nearing a final close for its second China-focused credit fund, according to 9 January US regulatory filings

Majority of investors seek to increase private credit allocations, BlackRock survey reveals
Over half of investors plan to increase their allocation to private credit in 2019, according to an institutional client rebalancing report published by BlackRock

Abax targets $400 million for Asian structured credit fund
Abax Global Capital has launched its third Asian-focused structured private credit fund - Abax Asian Structured Private Credit Fund III, according to US regulatory filings

Singapore fund to lend to financial institutions in emerging and developing markets
Singapore’s EFA Group is aiming to raise $100 million for a fund that will lend to banks and financial institutions in emerging and developing economies

Invesco unveils "belt and road" debt fund
Invesco has unveiled a new fixed-income Ucits strategy that aims to capture investment opportunities driven by China’s “Belt and Road” initiative

Värde raises $400 million for Asia credit fund
Värde Partners has closed its inaugural Asia-focused fund at $400 million - six months after launching

Asian credit manager holds $178 million final close on loan platform
Hong Kong-based ADM Capital has held a final close for Asia Secured Lending Facility II 

Korean pension fund commits €80 million to European direct lending
The Government Employees Pension Service (GEPS), the €7.7 billion Korean pension fund, has selected Alcentra and BlueBay Asset Management for two commingled blind funds, according to an announcement notice seen by Creditflux.  

Allianz GI boosts alternatives platform with new Asian private credit unit
Allianz Global Investors has launched an Asian private credit unit and has made two hires to spearhead the effort,

September: credit funds at a glance
White Oak Global Advisors held a $2.1 billion final close on a new direct lending fund, while Phil Raciti's move from CVC Credit Partners to Halcyon Capital Management was one of the biggest moves in the credit industry

BlackRock becomes latest manager to explore interval fund structure for credit
Several managers have hit the market with the interval fund structure, as investors look to invest in illiquid strategies through an illiquid fund structure

Four private credit managers score as Arizona pension fund commits $250 million
The $9.78 billion pension fund has mandated nearly $250 million to four private credit managers, alongside additional commitments for co-investment opportunities 

They said it: Australia's credit market is like a blast from the past
Revolution’s chief investment officer Bob Sahota describes the opportunities in the Australian private debt markets

Illinois pension fund appoints private debt consultant and awards $75 million to credit
The $51.3 billion pension fund has appointed consultant Aksia to manage its private debt investments and has mandated up to $75 million to a private debt manager

BlueArc brings in nearly $70 million for global private credit fund
At least 100 investors have backed the BlueArc Global Private Credit Opportunity Fund, managed by Atlanta-based BlueArc Capital 

Californian pension fund assigns $25 million to Monroe direct lending strategy
As part of its private credit pacing plan, the $5.4 billion pension fund will make a $75 million commitment to direct lending funds each year for the next three years

Japanese pension fund Chikyoren seeks private debt managers
Chikyoren, the pension fund allocation for local government officials in Japan, has issued a request for proposal in its search for private debt managers.

Tor more than doubles AUM for Asia credit fund, filings suggest
Hong Kong-headquartered Tor Investment Management has raised nearly $1 billion for its Tor Asia Credit Fund

Texas pension fund earmarks $650 million to four private debt funds
Angelo Gordon, HIG Whitehorse and Värde have secured commitments from the Texas pension fund for their direct lending funds

Sovereign investors' allocation to alternative credit increase rapidly, finds survey
Sovereign investors are increasing their exposure to CLOs, direct lending and bank loans, according to a 2018 Global Sovereign Asset Management Study published by Invesco this week

Japanese pension fund allocation to alternatives reaches record high, survey reveals
The average Japanese institutional investor now allocates 17.1% of their portfolio to alternative assets, according to a JP Morgan Asset Management survey.

Pacific Current acquires stake in Chicago-based private debt manager
Sydney-headquartered Pacific Current Group has acquired a 24.9% stake in Chicago-based Victory Park Capital

HSBC asset management unit raises $800 million for global multi-manager loan fund
As a multi-manager fund,  the new vehicle aims to offer the benefits of fund-of-funds - diversification - but with a management fee comparable to a single manager