India's True North turns to private credit with USD 120m fund
New fundraise by an Indian private equity fund is another example of investors in India eager to expand into the private credit space

Seattle retirement systems commits USD 30m to distressed fund
The Seattle City Employees' Retirement System recently committed up to USD 30m to the Monarch Capital Partners VI fund

Knoxville pension system commits USD 10m to direct lending fund
The pension fund is making its first direct lending allocation as it explores the asset class 

Ares secures another USD 50m for direct lending fund
The Ares Senior Direct Lending Fund III, which had its first close in July, is expected to be larger than previous vintages

KKR receives USD 75m commitment for direct lending fund
A US pension fund has made a USD 75m allocation to KKR's evergreen strategy focuses on US upper middle-market borrowers

M&G launches first European private credit fund
M&G Investments is the latest firm looking to individual investors as an avenue for fundraising with the launch of a new ELTIF, dubbed the M&G Corporate Credit Opportunities Fund

Kennedy Lewis closes USD 4.1bn opportunistic credit fund
Kennedy Lewis Investment Management has closed on its Kennedy Lewis Capital Partners Master Fund III at USD 4.1bn, exceeding its USD 3bn target

New Mexico sovereign wealth fund commits USD 250m to distressed fund
The New Mexico State Investment Council approved a commitment of up to USD 250m to a distressed opportunities fund during its 24 October meeting.

Brookfield infra debt fund beats fundraise target
Brookfield Asset Management has held an above-target final close for its third infrastructure debt fund, in a sign of strong appetite for debt in contrast to tough fundraising conditions in infrastructure equity

Ares raises USD 6.6bn for asset-based credit fund
Ares Management Corporation revealed the final close of its asset-based private credit fund Ares Pathfinder Fund II, reaching its hard cap at USD 6.6bn in commitments

European manager has first close of EUR 300m credit opportunities fund
European credit hedge fund Ironshield Capital Management has revealed the first close of a EUR 300m capacity distressed fund

Ann Arbor retirement system approves commitment to direct lending fund
The City of Ann Arbor Employees' Retirement System approved a USD 7m commitment to the PIMCO Private Income Fund

New Hampshire retirement system commits to opportunistic debt fund
The New Hampshire Retirement System unanimously agreed to commit USD 50m to the distressed debt fund

BlackRock raises EUR 1.25bn for venture debt fund
BlackRock-owned Kreos Capital held the final close on the Kreos Capital VII fund with commitments of EUR 1.25 billion

Oak Hill raises USD 2.3bn for distressed fund
Oak Hill Advisors secured USD 2.3bn in equity commitments during the final close of its distressed investment fund, the OHA Strategic Credit Fund III

CIP hits final close for first debt fund
Copenhagen Infrastructure Partners has raised EUR 1.2bn in a final close of its inaugural renewable energy debt strategy

Hamilton Lane secures USD 290m for two private credit funds
Two funds raised by Hamilton Lane will be used to provide loans to lower middle-market companies in New York State

Ares launches direct lending fund targeting retail investors in Europe and Asia
The new Ares European Strategic Income Fund is part of a growing string of credit options catered to wealthy individuals

Singapore-based private credit firm's latest fund has $205 million first close
The latest fund in the growing APAC private credit market includes investments from institutional investors in Canada, the US and Japan

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

Credit impact fund surpasses $100 million target close
The fund targets companies that support social and environmental causes in Africa, Asia and the Americas

Allspring doubles down on funds promoting reduced carbon emissions
Allspring Global Investments has expanded its portfolio of climate transition funds with the launch of its third climate transition fixed income fund

OMERS turns to APAC for latest private credit opportunities
Goldman Sachs Asset Management and the Ontario Municipal Employees' Retirement System have joined forces again for a new set of investments in the booming private credit market, this time targeting the Asia Pacific region

Ohio pension fund commits $50 million to credit fund
The commitments mark the second time this year the Ohio-based system has allocated funds to private credit. 

AllianceBernstein wins mandate for New Mexico high-yield strategy
The State of New Mexico State Investment Council named AllianceBernstein as the new manager of its short-term high yield strategy during its 26 September meeting