Antares collects $3 billion for direct lending fund
Antares Capital wrapped up fundraising for an inaugural senior loan fund on Monday

Manager holds first close on debut control US CLO equity fund
A $3.1 billion manager is on the fundraising trail for its debut CLO equity fund, after holding a first close from internal capital earlier this year

Equita's second Italian private debt fund reaches €100 million first close
Italy’s Equita Capital has reached halfway to its target size on its second Italian private debt fund, after holding a €100 million first close on the vehicle

Pictet launches unconstrained global credit fund
Pictet Asset Management has launched a new global credit Ucits fund, Pictet-Strategic Credit fund

Palm Lane launches credit relative value fund with $200 million after PM hires
Palm Lane Capital has raised about $200 million for a global credit relative value hedge fund, which went live on 1 September

Perceptive nears $1 billion hard cap for healthcare credit fund
Perceptive Advisors is nearing its $1 billion hard cap for its third healthcare-focused direct lending fund, Perceptive Credit Opportunities Fund III

Onex prepares structured credit fund after making big CLO hire
Onex Credit Partners has launched a new structured credit offering, Onex Structured Credit Opportunities Fund, four months after hiring structured credit veteran Ronnie Jaber

Would-be CLO managers change tack to distressed
Institutional investors are allocating to distressed debt at a record rate, leading some first-time CLO managers to adjust their business plans

Credit funds at a glance (September 2020)
A round-up of fundraising and people moves

Private credit manager wins mandate to invest in Australia and New Zealand
Revolution Asset Management has won a co-investment mandate from QIC, an asset manager owned by the Queensland Government, to invest in credit assets originated in Australia and New Zealand

Muzinich reaches €210 million first close for lower mid-market credit fund
Muzinich & Co has held a €210 million first close on a second lower middle market, pan-European private debt fund, Muzinich Pan-European II Private Debt Fund

Brunswick launches third real estate debt fund with Folksam and KLP backing
Brunswick Real Estate has launched a third senior commercial real estate debt fund Brunswick Real Estate Capital III

Credit fundraising: distressed keeps in favour but CLO ETFs emerge
Five months into global lockdown and distressed debt funds are still proving popular, but several managers have found success pitching other types of credit strategies

GSO prepares inaugural non-traded BDC
GSO Capital Partners, the credit-focused business of the Blackstone Group, is preparing to launch an inaugural non-traded business development company named Blackstone Private Credit Fund

Symphony raises $77 million for CLO fund
Symphony Asset Management has collected $77 million on a first close for a CLO equity fund dubbed Nuveen CLO Issuance Fund

Eagle Point targets $100 million with CLO fund launch
Eagle Point is set to launch another CLO-focused fund this summer, with the Greenwich-based manager on the fundraising trail for EP CLO Opportunities Fund II

ETF firm touts low warf stratregy to help cut CLO financing costs
Retail investors will soon have access to CLO investments with two managers launching CLO exchange traded funds this month. Peter Coppa, managing partner at Alternative Access Funds, believes the CLO market will benefit

Capital Four holds first close on senior European direct lending fund
Capital Four has held a first close on its European direct lending fund, Private Debt III 

LP round up: Connecticut eyes Fortress for private credit partnership
Investors placed $3.3 billion across 26 credit mandates over the past fortnight, according to documents seen by Creditflux 

Sixth Street nears $12 billion for flexible global credit fund
Sixth Street collected $8.5 billion for its fifth TSSP Adjacent Opportunities Partners fund, TAO 5.0, by the end of July, with the fund nearing its $12 billion hard cap

Churchill prepares third mid market debt fund
Churchill Asset Management is on the road fundraising for its third flagship private debt fund and the New York-based direct lender has so far collected $115 million for the vehicle

KKR targets sub-debt and ABS with latest private credit fund
KKR is preparing to launch its third mezzanine private credit fund, dubbed KKR Private Credit Opportunities III

Nordic boutique launches debut green corporate bond fund
Nordic boutique Evli Fund Management has launched an inaugural fund focusing on green corporate bonds, which the Helsinki-headquartered manager says is in response to growing investor demand for allocation to green bonds

European direct lending fundraising dropped 77% YoY in Q2
European direct lending fundraising figures plunged in Q2 2020, as the effects of the covid-19 pandemic were felt across the globe

BlueMountain's Feldstein set to leave firm as Assured wins $300 million CLO mandate
Andrew Feldstein is set to exit from Assured Guaranty and its subsidiary BlueMountain Capital Management, where he has served as chief investment officer and chief executive officer