Alantra makes breakthrough in real estate debt with €132 million fund raise
Alantra says it has held a €132 million close on a first real estate debt fund, just €8 million short of its hard cap. Alteralia Real Estate Debt FIL had an initial target of €100 million and will invest predominantly in Spain (60%)

Five Arrows hits 40% deployment on new €1.4 billion direct lending fund
Rothschild has held a €1.4 billion final close of its third European direct lending fund, Five Arrows Debt Partners III

TCW launches 'first' ESG-labelled structured credit fund in the US
TCW has launched what it claims to be the first dedicated structured credit fund with an ESG-label in the US

Vanguard opens subscriptions for core-plus bond fund
Vanguard Core-Plus Bond Fund builds on the firm's original Core Bond fund but with greater exposure to high yield and emerging markets investments

Francisco Partners keeps 100% investor retention for second $2.2 billion credit fund
The firm’s second technology-focused opportunistic credit fund hit its $2.2 billion hard cap - and the firm says all investors in its first fund invested in the follow-up 

Credit funds at a glance (October 2021)
A round up of fundraising and people moves in credit

Big name family business lines up corp hybrids fund
Edmond de Rothschild Asset Management (Edram) plans to launch a corporate hybrid fund and has hired Alex Eventon to lead the effort

Credit Fundraising: September breaks 2021 record and poses question - is it sustainable?
The third quarter ended with $36.5 billion being raised in credit last month, doubling July and August figures. Several of the new funds have embedded Sustainable Finance Disclosure Regulation or ESG criteria at the heart of their investment thesis   

LibreMax collects $225 million for structured credit fund
LibreMax Capital has closed its fifth drawdown vehicle, LibreMax Structured Opportunities Partners I, at $225 million

Squarepoint takes over from CSAM as it supports star trader's new long-short credit fund
Arini, led by highly regarded former Credit Suisse trader Hamza Lemssouguer, has found support in Squarepoint Capital as it launches its first European credit fund

Vista collects $2.3 billion for third software-focused credit fund
Vista Credit Partners has held a $2.3 billion final close of its third flagship software focused credit fund, Vista Credit Partners Fund III, above its $1.5 billion target

M&G launches ESG loan fund with Prudential UK and Kapan backing
M&G has launched a leveraged loan fund focused on environmental, social and governance

CIFC launches $2bn loan SMA with Texas pension fund
CIFC Asset Management has teamed up with Teacher Retirement System of Texas to launch a separately managed account named Texas Debt Capital LP to invest in senior secured loans

PGIM launches first dedicated ESG bond fund
PGIM says it has launched its first dedicated environmental, social and governance fixed income strategy for US investors, citing increased demand from clients for optionality between traditional and ESG investment strategies

Janus Henderson plans CLO ETF focused on mezz tranches
Janus Henderson has plans to expand its CLO exchange traded fund range and launch what it says will be the first CLO ETF focused on triple B to single B-rated CLO debt

Manager wins £1.7 billion IG credit mandate from UK's St James’s Place
The UK wealth manager has awarded a £1.7 billion ($2.28 billion) global invevstment grade credit mandate

HarbourVest sails to $892 million final close for first dedicated US direct lending fund
HarbourVest Partners has held a final close on its inaugural, dedicated US direct lending fund at ‘over $892 million’ 

HPS closes $15.4 billion direct lending fund as deployment hits 60%
HPS Investment Partners has closed its fifth direct lending fund with $11.7 billion of investor commitments. Creditflux understands this is nearly double its $6 billion original hard-cap

Allianz holds €500 million first close on private credit fund of fund
The vehicle, which has a €1.5 billion target, invests jointly with Allianz

Monroe holds $1.3 billion fourth close on US direct lending fund
The fund, which is targeting $1.5 billion, is anticipated to hold a final close above that target before the end of this year

Amundi focuses on ESG-linked margin ratchets in €1 billion private debt fund
Amundi has become the latest manager to place a focus on ESG-linked margin ratchets on its fourth private debt fund, which has a €1 billion target 

Cheyne puts focus on ESG-linked loans for new €1 billion strategic credit fund
The London-based manager held a €1 billion final close on its second strategic credit fund in the series, Cheyne European Strategic Value Credit Fund II, which it says took less than six months following its first close

HIG closes €2 billion 'inaugural' European mid market fund
HIG Capital has held a €2 billion final close on what it says is its first European middle market fund

DunPort reaches €255 million first close for UK and Ireland direct lending fund
Ireland Strategic Investment Fund is among the investors backing the UK and Ireland-focused lower mid market direct lending fund 

Credit funds at a glance (September 2021)
A round up of fundraising and people moves in credit