Private debt performance shines in institutional investing study
A quarter of institutional investors say private debt outperformed their expectations over 12 months to 28 August 2017

Private debt manager makes multi-million dollar sales for third credit opps fund
Private debt manager Park Square has made significant sales for its Capital Credit Opportunities III fund over the course of a year, regulatory filings indicate

Manager hits £600 million hard cap for third real estate debt fund
London-based DRC Capital has closed its third real estate fund at £600 million ($802 million), hitting its hard cap and surpassing its target of £500 million 

Rothschild plans to raise up to €500 million for its next credit fund
Fresh from launching Oberon III last week, a market source says Rothschild is planning its follow-up credit fund

German credit fund Robus draws in investors
Robus German Credit Opportunities Sub Fund, which invests in high yield, has increased its assets under management by over 40% in 12 months

Balance of power shifts away from direct lenders
Mid-sized corporations are getting their way at the expense of direct lenders at the negotiation table, recent research suggests.

European Investment Bank supports Spanish direct lending with €300 million loan
The European Investment Bank (EIB) has approved a €300 million loan to Bankinter, a Spanish bank, in order to promote lending to small and mid-sized enterprises in Spain

Tikehau raises another €300 million through bond issue
Tikehau has considerable firepower to deploy into the credit market, obtaining €1.3 billion of financing in the last month.

Amundi hopes investors bite as it produces Italian ham and cheese offering
Amundi aims to raise €150 million for a new private debt fund that will invest in private bonds guaranteed by iconic Italian food products    

Swedish firm debuts direct lending fund with an eye on Scandanavian SMEs
A Swedish broker and asset manager has launched a new direct lending vehicle known as the Scandinavian Credit Fund I

Ares keeps up direct lending growth and plans new credit fund launch
Ares Management’s credit business just keeps growing, with the firm planning a new fund launch and a continued push into European direct lending, according to a recent results presentation

New tailored credit index tranches draw in private bank investors
A new product aimed at private banks is quietly taking off in the synthetic structured credit space

AXA IM hits €1 billion mark for bank capital solutions fund
AXA Investment Managers’ structured finance unit has raised more than €1 billion in total commitments for its AXA IM Partner Capital Solutions VII Fund, according to an announcement

Marathon fund doubles assets in six months
Marathon's Emerging Markets Bond Fund substantially increased its assets between March and September – more than doubling its AUM, according to estimated figures

BNP Paribas vehicle raises €110 million in one month
The BNP Paribas Short-Term European Securitisation Fund has raised €110 million in just one month after picking up a triple A rating

Local Pensions Partnership looks to go direct with £1.3 billion credit fund
The Local Pensions Partnership (LPP), which runs the pension schemes of two separate UK local government areas, has announced the launch of a £1.3 billion ($1.7 billion) credit fund

Octopus inks new UK real estate debt fund after raising £115 million
UK property lender Octopus Property today announced a first close of £115m for its Commercial Real Estate Debt Fund II

Schroders debuts its first UK infrastructure debt fund
Schroders has announced the launch of its UK Infrastructure Debt fund, which will target investment from UK pension funds and insurance companies

US pension fund agrees $200 million investment in new GSO distressed fund
GSO Capital Partners has got off to a strong start as it markets a new distressed debt fund. There are signs that the multi-billion offering is being sold in South Korea

Macquarie hire signals push into European credit fund financing
Macquarie has signalled a push into credit fund financing in Europe by hiring a senior official involved in this activity 

BlueBay closes senior-only European debt fund at €3 billion
BlueBay Asset Management has announced that it is held a final close on a €3 billion European direct lending fund

Wealth manager bumps up allocation to new Ares structured credit fund
A wealth management firm has increased its allocation to a structured credit fund that is being raised by Ares with a $500 million target

Fast-growing private credit firm Northleaf brings in senior advisor
Northleaf Capital Partners has announced that Robert Weiss has joined as a senior advisor for its private credit team

There are reasons to be upbeat, MEP tells securitisation specialists
IMN's 21st Annual Global ABS conference opened yesterday on a note of cautious optimism for the European securitisation market

Loan total return swaps make their way to Europe following US success
Total return swaps have become a popular way to finance portfolios of US leveraged loans in recent years. And now the product may be about to make it big in Europe too.