Fed unveils IG bond buying programme and direct lending plans
The US Federal Reserve has unveiled further measures to support the US economy alongside plans to establish a direct lending initiative - Main Street Business Lending Programme – to support lending to small-and-medium sized businesses

Crayhill collects $130 million for second asset-based credit fund
Crayhill Capital Management has raised around $130 million for it second asset-based credit fund,  according to 9 March US regulatory filings

Apollo ups stake in Athene to 35% through stock deal
Apollo Global Management is doubling its stake in Athene Holding to around 35% by exchanging $1.2 billion of common equity and buying $350 million extra of Athene stock

Axa IM launches SRT fund after record-breaking 2019
Axa Investment Managers says it has held a first close on a fund that invests in significant risk transfers

AlbaCore closes €1.5 billion direct lending fund nearly 60% deployed
AlbaCore Capital has deployed around 60% of its second direct lending fund, with the London-based manager closing the fund at €1.5 billion

KKR closes $1.3 billion global impact fund
KKR has made a final close of its KKR Global Impact Fund SCSp at $1.3 billion  

Amundi joins forces with French bank to launch midcap loan fund
Amundi has partnered with French bank LCL to launch a mid-cap direct lending fund - and the fund has collected €130 million on its first close, just over half its target size 

Golub BDC originates $271 million in bumper Q4
Golub Capital BDC disclosed last week that it had originated $271.1 million in middle-market investment for the quarter ending 31 December 2019

Renault hits bump in flat markets
The future of Nissan’s relationship with Renault has been in question since last year. But the likelihood of the companies parting ways has increased since Nissan’s former chairman Carlos Ghosn, who faced charges of financial crimes, fled from Japan to Lebanon in December

Florida pension seeks private credit consultant for new strategy
City of Jacksonville Retirement System has launched a request for proposals, searching for a firm to provide private credit consulting services  

Purdue Pharma bankruptcy highlights value of ESG analysis
Purdue Pharma's bankruptcy this week, and the sector wide concern over the US opioid epidemic, has highlighted the utility of environmental, social and governance (ESG) standards in credit analyses

Kayne Anderson targets direct lending and liquid credit mix for new fund
Kayne Anderson is looking to launch a closed-ended fund focused on direct lending, liquid credit and energy and infrastructure equity investments

Natixis prices second muni-project securitisation of year
Energy Efficient Equity (E3) priced its inaugural 'property-assessed clean energy' (Pace) deal today via Natixis    

Ares grows credit 34% with direct lending boost, but high yield takes rough ride in Q4
Ares Management Corporation reported strong returns for its European direct lending strategies in the fourth quarter of 2018. But the firm's overall revenues slumped and its US loan funds and high yield strategies were hit by the volatile credit market 

Tree Line grows $300 million US lower mid-market debt fund
Tree Line Capital Partners is targeting $300 million for its second lower-middle market direct lending fund, according to 6 February US regulatory filings

Blackstone grows credit assets by 31% over year
The firm achieved strong fundraising in credit, taking credit-related assets under managment to $130.6 billion in the third quarter, a 31% increase year-on-year 

Direct lender Green Arrow adds two strings to its bow with new funds
Green Arrow Capital, which recently acquired Italian private equity house Quadrivio, is nearing a final close for two funds, sources say.

Octopus inks £230 million real estate debt fund
UK specialist property lender Octopus Property has held a final close for its second real estate debt fund at its £230 million hard cap

Lazard announces 2017 earnings and considers C Corporation structure
Bermuda-headquartered Lazard is considering a ‘C Corporation’ structure, under which the corporation would be taxed separately from its owners

ICG increases fundraising goal as direct lending funds near full deployment
London-based Intermediate Capital Group has increased its fundraising target to €6 billion per year on a rolling three-year basis

Cairn works reg cap and eyes another fund launch
Cairn Capital’s regulatory capital relief business is up and running, with the firm closing its first deals late last year

Alchemy strikes gold with new distressed fund hitting £900 million
Distressed debt specialist Alchemy Partners has successful raised £900 million for its fourth special opportunities fund, holding a final close at the fund's hard cap

Manager edges closer to its $3 billion hard cap on credit fund
A California pension fund has approved a commitment for up to $30 million in a credit and distressed debt fund

Chenavari fund swells assets by $72 million following relaunch
Chenavari has grown assets of a long/short credit vehicle by more than $70 million following the vehicle’s relaunch last year, its co-manager says

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