MidOcean Partners’ surpasses USD 300m target for captive equity fund
MidOcean Partners has announced the final close of its first captive equity fund, raising USD 304m of capital commitments for MidOcean CLO Equity Fund I

FoxPath readies debut credit secondaries fund
New York-based FoxPath Capital Partners is in the process of launching its debut fund, which will invest in private credit secondaries

Carlyle raises over USD 7bn for credit opps fund
Carlyle today announced the final close of its third credit opportunities fund at USD 7.1bn in investable capital, marking the global investment firm’s largest credit fundraise to date

Carlyle’s AlpInvest and Mubadala establish fund financing partnership
Carlyle Group subsidiary AlpInvest Partners and Mubadala have set up a new credit co-investment partnership to provide portfolio senior fund financing on a global basis  

BlackRock launches first evergreen private markets fund for Europe’s wealthy
BlackRock has announced the launch of an innovative evergreen private markets platform for wealthy investors in Europe

Triton closes on over EUR 1bn for third opportunistic credit fund
Triton Debt Opportunities, the opportunistic credit arm of European investment manager Triton, has raised more than EUR 1bn

Investec raises EUR 250m for European direct lending in first close
Investec's alternatives asset management business has raised EUR 250m for private credit in its first close

Nuveen raises USD 413m for second captive CLO equity fund
Global asset manager Nuveen has closed its second CLO equity fund and raised USD 413m from a wide range of investors

PGIM to bring mezz fund back to market in 2025
PGIM Private Capital, the middle market private debt business of global investment manager PGIM, plans to launch its latest private credit mezzanine fund next year

Oak Hill Advisors increases target cap to a billion dollars for new CLO equity fund
New York-based Oak Hill Advisors has raised USD 459m so far for its new CLO equity fund and increased the cap by USD 200m

Aviva Investors seeds private debt fund targeting UK DC pensions with EUR 750m of capital
Aviva's Multi-Sector Private Debt Fund will invest across the private debt spectrum including real estate debt, infrastructure debt, structured finance and private corporate debt

Ninety One raises USD 260m for African private debt
Ninety One, a global asset manager affiliated with Investec, has held a USD 260m first close for its latest African and emerging markets private debt fund

Gramercy raises USD 760m for EM loan fund
Gramercy Funds Management, an emerging markets investment specialist, has raised USD 760m for a capital solutions strategy

Public Pensions, Private Pursuits: 18th November
CalPERS reveals USD 2.9bn private credit commitments as Sacramento, East Bay, San Francisco refine debt strategy

TCW unveils new CLO ETF as it expands its offerings for investors
TCW has joined the increasingly crowded lineup of CLO AAA ETFs with the launch of ACLO, one of a range of new fixed income ETFs from the West Coast-based manager 

Brookfield Credit invests USD 1bn in 17Capital
Brookfield Asset Management’s private credit investment division, Brookfield Credit, has agreed to invest USD 1bn into 17Capital’s private credit strategies

Bain raises nearly USD 6bn to invest in hybrid capital, special situations
Bain Capital has held a final close for its latest global special situations fund, raising USD 5.7bn to provide private debt and equity financing for companies across sectors and at various points in the market cycle

Silver Point closes on USD 8.5bn for direct lending fund, exceeding target
Silver Point Capital has held a final close for Silver Point Specialty Credit Fund III, raising USD 8.5bn for direct lending to middle-market companies, according to a press release. 

Crayhill nears USD 1bn target for an asset-based credit fund
Crayhill Capital Management has raised more than USD 830m, approaching its USD 1bn target, for a asset-based credit fund called Principal Strategies Fund III, according to a SEC filing 

CalPERS commits nearly USD 3bn to private debt investments
The California Public Employees’ Retirement System approved nearly USD 3bn in private debt commitments to external managers during the second quarter of 2024

KKR joins CLO captive equity rush
Investment giant KKR is fundraising for a new CLO captive equity fund with an impressive target size, joining managers like Bain, Beach Point and Brigade who all hit the news this week 

Blackstone backs CLO captive equity fund for Brigade Capital
Blackstone has made a USD 300m investment to Brigade Capital, including USD 150m for a CLO captive equity fund 

Investors seeking long exposure to direct lending turn to evergreen funds
The huge pool of capital fuelling the growth of private credit is increasingly drawn to evergreen funds, as institutional investors seek longer-term exposure to the market

CLO ETF market hits new heights
Just when it seemed CLO ETFs couldn’t grow any faster, along came October. The final quarter of 2024 kicked off with net fund flows of almost USD 2bn in a single month — an all-time record.

DE Shaw closes on USD 1bn opportunistic credit fund
Alkali Fund VI is a closed-end fund targeting opportunistic investments across corporate debt, structured credit, synthetic securitization and other specialty investments