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

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

Without a single dollar being raised, future loan supply dwarfs current demand by as much as 10 to one
There’s plenty to be spent on mid market loans, but it’s still not enough to cover the $1 trillion of financing likely to be required, says our columnist Randy Schwimmer

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.

Ivy Hill prices first billion-dollar mid market CLO of 2018
The Los Angeles-based firm issued its first new middle-market CLO in almost 12 months on Friday

Mid market CLO round-up: Antares leads the way as triple As price at 125bp
Although US mid-market CLOs had a slow start to the year, the last two weeks have seen heightened activity in this sector with established players such as Antares Capital, Cerberus Capital Management, Fortress Investments and Midcap Financial pricing new CLOs

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

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

Apollo subsidiary prices $1.2 billion mid-market CLO
While the field of middle-market CLO managers is relatively small, newcomers to this business have been able to successfully raise large amounts of capital with Midcap Financial Services Capital Management the latest to produe a $1 billion-plus CLO

Former BlueBay partner establishes direct lending firm after key hires
The former head of German direct lending at BlueBay has launched a new firm with backing form a German private equity firm. He has hired former Barings and Park Square officials to support his new business

UK pension fund looks for direct lending manager
Northern England county looks to give $175 million SME lending mandate 

Eiffel hires experienced private debt specialist in Paris
Eiffel Investment Group hires experienced private placements specialist for credit team