Nomura's private capital unit launches credit interval fund
Nomura Alternative Income Fund has a flexible allocation across private and public credit sectors, depending on relative value opportunities

Ironshield prepares for distressed opportunities with closed-end fund launch
Ironshield Capital has unveiled a closed-end fund which invests in private credit and illiquid public credit.

Arrow overshoots €2.5 billion target for second credit opps fund
Arrow Global has closed its second credit opportunities fund at its hard cap, collecting around €2.75 billion and exceeding its €2.5 billion target

Ares and Mubadala establish $1 billion global credit secondaries JV
The pair aim to capitalise on the 'anticipated growth and substantial demand’ from managers and investors for customised liquidity solutions

Tikehau preps sixth European direct lending fund launch
Tikehau Capital is preparing to start fundraising for its sixth European direct lending fund, Tikehau Direct Lending VI 

Deerpath leaps to $1.5 billion close for US lower mid-market direct lending fund
With leverage, the strategy has $2.8 billion in capital available to deploy

Robeco launches sustainable senior loan fund with €130 million first close
Orix Corporation, Robecco's parent company, has committed a 'significant' amount of the €130 million initial commitments

CLO investor expands into IG tranches with new global fund
The junior CLO debt and equity investor is going up the capital stack to invest in single A and triple B tranches

Mapre launches private debt strategy to bring together subsidiary investments
Mapre Asset Management is bringing together all private debt investments made by the insurance group's subsidiaries, as well as new investments, with the launch of a new private debt fund

Calpers allocates $2.5 billion to two large private debt managers
Pension giant Calpers has revealed $2.5 billion allocations to two private debt managers

Schroders breaks barriers with first Long-Term Asset Fund approval
Schroders has received regulatory approval from the UK’s Financial Conduct Authority to launch the first Long-Term Asset Fund 

Capital Four holds €1 billion first close on senior direct lending fund
Creditflux understands the fund has a €2 billion target

Adams Street targets $4.5 billion for third private credit strategy
Kentucky Public Pensions Authority is planning a re-up to the vehicle, according to a recent investor presentation

Angelo Gordon wraps up fundraising for $1.3 billion credit dislocation fund
AG CSF2A (Annex) Dislocation Fund is an extension of the AG Credit Solutions Fund II, which held a $3.1 billion final close in April last year.

LP round up: securitised credit mandate terminated amid $5 billion allocations and expanding relationships
Institutional investors revealed nearly $5 billion of allocations to 31 credit managers across January and February board meetings, according to materials seen by Creditflux. However, there were also two fixed income manager terminations, and one multi-strategy account placed on a watchlist

Oaktree targets $10 billion for LBO financing strategy
The launch of the firm's large-cap sponsor-backed private credit strategy follows banks retreating from the LBO space and a more compelling risk-adjusted return than other sectors in the market

Crescent amasses $8 billion investable capital for eighth credit solutions fund
The fund had an original $4 billion target, according to Debtwire Funds Data

Amundi aims for €600m for new senior mortgage fund
Amundi is launching Amundi Commercial Real Estate Loans II, a European senior mortgage fund

Bain launches non-traded BDC
Bain Capital Credit says it has launched a non-traded business development company known as Bain Capital Private Credit, or BCPC

Pemberton raises $1bn for rare working capital finance strategy
Pemberton says it has raised $1 billion for its working capital finance strategy, in what it believes makes Pemberton one of the first asset managers to offer such a short-term credit strategy to institutional investors

Nuveen and Churchill launch private BDC with initial $350 million portfolio
The Nuveen Churchill Private Capital Income Fund will primarily invest in middle market senior loans and junior capital. The BDC can also allocate to private equity co-investments

Flat Rock confirms launch of CLO interval fund
Flat Rock Global announced today the launch a new interval fund, Flat Rock Enhanced Income Fund, which will invest in junior debt tranches of CLOs

P&G launches leveraged European CLO fund Zoo5
P&G is looking to achieve double-digit returns through a new fund focused on European CLO triple A tranches, named Zoo5

Brigade teams up with UBP for long-short credit Ucits fund
The fund will pursue a long/short credit strategy that combines "fundamental credit selection with structured credit"

Credit funds at a glance (February 2023)
A round up of people moves and fundraising