Barings prices two deals in a day
In a highly unusual move, Barings yesterday priced two middle market CLOs, worth a combined USD 862.15m, within hours of each other

Fortress taps BlackRock for sponsor coverage hire
Fortress Investment Group has hired a new director to focus on sponsor coverage and origination in in Fortress’ credit business

Florida-based pension commits USD 20 million to direct lending fund
The Jacksonville, Fla. Police and Fire Pension Fund approved a USD 20m commitment to a diversified lending fund

Alternative investment firm Värde raises nearly $1.5 billion for fund
Capital for the asset lending fund came from institutional investors from around the world

Direct lending sets up on high street seeking retail and wealthy investors
Private credit managers, historically reliant on institutional investors, are increasingly turning to retail investors for fundraising. The dramatic growth in private credit as a whole has been well documented. But in the past few years there’s been a massive pickup by retail and private wealth.

Primary market roars into life
The primary CLO market pickup that started in August continued strongly in September, both in Europe and the US. Although the overall direction was the same on both sides of the Atlantic, the type of activity was quite different.

Abu Dhabi-based sovereign investors put $1 billion into tech-focused credit platform
Abu Dhabi-based sovereign investor forms strategic partnership with US asset manager as it focuses on technology lending strategy

Brightwood returns to CLO market for first time this year
Brightwood Capital has priced a new middle market CLO, Brightwood Capital MM CLO 2023-1, arranged by GreensLedge with RBC as co-placement agent

CIFC prices first middle market CLO
CIFC priced its first middle market deal last week through its direct lending affiliate LBC Credit Partners

New Mexico State Investment Council commits $150 million to infra debt fund
The New Mexico sovereign wealth fund approved a $150 million allocation to the Newmarket International Infrastructure Finance Company IV 

Monroe returns to CLO primary with first mid market deal of 2023
Monroe Capital Partners priced its first CLO in almost a year on Friday at a size of $399.2 million

Deerpath resets middle market CLO from 2020
Deerpath Capital Management reset a 2020 era CLO on Monday, becoming the second manager this year to rework a deal backed by middle market loans

2023's mid market CLO volumes pass $13 billion as Ivy Hill prices
Ivy Hill Asset Management priced its second middle market CLO of the year on Wednesday named Ivy Hill Middle Market Credit Fund XXI

Illiquid assets are increasingly hot in the private markets according to Aeon survey
Illiquid assets may offer protection against macro uncertainty, according to findings from a new survey.

Private credit fundraising continues as two new funds launch
Private credit funds continue to see growth with two new US funds launching this week.

Bain is back with first mid market CLO in four years
Bain Capital is back just two weeks after pricing their last CLO with a new US middle market CLO, the first for the Boston-based manager since 2019.

PennantPark's mid market CLO volumes pass $2 billion after latest new issue
PennantPark Investment Advisors teamed up with BNP Paribas on Friday to print a new middle market CLO named PennantPark CLO VII

L Catterton expands credit platform with new co-head of private credit
L Catterton's private credit platform is in expansion mode, announcing a new managing partner and co-head of private credit

Private credit is still the number one topic for investors, hears conference
Delegates at the Debtwire Private Credit Forum 2023 heard that private credit has become the favourite topic for institutional investors

BMO hires ex-Deutsche Bank CLO structurer
BMO Capital Markets has hired an ex-Deutsche Bank structurer to lead its structured credit origination business in North America.

Mid market CLO issuance tops $2bn for the month as MidCap prices
Apollo affiliate MidCap Financial priced a middle market CLO on Friday named Woodmont CLO 2023-12, a deal that brought mid market CLO issuance for the month over $2 billion

Maranon prints its first mid market CLO of 2023
Maranon Management priced a new middle market CLO today at $405.8 million, according to market sources. Named Maranon CLO 2023-1

LP round up: HPS wins $550m mandate as Ares launches third US direct lending fund
US institutional investors allocated nearly $3 billion to credit funds in April. The news comes amid a BlackRock survey in the month which showed significant investor interest in private credit

MidCap prints 2023's second-largest CLO to date
Apollo affiliate MidCap Financial priced a new middle market CLO on Friday that is the second largest primary market transaction of 2023

Virginia pension discloses $800 million in credit allocations
Virginia Retirement System has disclosed $800 million in credit fund allocations made over the first quarter of this year