Tikehau launches three private debt funds and sells 54% stake in DWS
Tikehau Capital’s private debt group had a busy first half of 2020, with key highlights including three fund launches: its first open-ended private debt fund, a new French direct lending fund and a first close on its fifth flagship European direct lending fund

Janus Henderson launches 'first of its kind' senior CLO ETF
Janus Henderson has become the latest manager to prepare a CLO-focused fund, but the manager has taken a rather unusual approach to its fund structure: an exchange traded fund

First Eagle prepares corporate credit interval fund
First Eagle Investment Management is preparing to launch a new opportunistic credit strategy in the form of an interval fund

GSO reaches $7 billion for real estate debt fund
GSO’s latest real estate debt fund pulled in $2.1 billion across the second quarter and the vehicle’s AUM has now reached around $7 billion, according to Blackstone president and chief operating officer Jonathan Gray

Goldman Sachs collects $6.4 billion for opportunistic credit fund
Goldman Sachs’s merchant banking division has collected $6.4 billion from more than 1,500 investors on its inaugural opportunistic credit fund, West Street Strategic Solutions I

LP round up: Oregon eyes $1.8 billion into structured credit
Institutional investors have earmarked over $6 billion to credit funds over the past two weeks

UK pension seeks managers for £1.5 billion multi-asset credit fund
Brunel Pension Partnership is looking for asset managers to oversee a £1.5 billion ($1.9 billion) multi-asset credit fund

Swedish fund nears public listing after big gains on CLO and tranche trades
Stockholm-based Ymer SC is moving forward with plans to list its structured credit fund on the Nordic Growth Market exchange in Sweden

LibreMax's former corporate credit head sets up distressed debt firm
The former head of orporate credit at LibreMax Capital is preparing to launch a new distressed debt firm after securing an anchor investment

Schroders lands €312 million in first close of infra debt fund
Schroders has held a first close at €312 million for Schroder Euro Enhanced Infrastructure Debt Fund II

Owl Rock eyes $2 billion fundraise for opportunistic credit
Owl Rock Capital is targeting a $2 billion final close on its opportunistic credit strategy dubbed Owl Rock Opportunistic Fund

KKR closes CMBS risk retention fund at $950 million
KKR has held a $950 million final close on its risk retention real estate debt fund, KKR Real Estate Credit Opportunity Partners II

Axa IM reaches €1.05 billion for second infra debt fund
Axa Investment Managers’ real assets division has closed its second European infrastructure debt fund, European Infrastructure Senior 2, at €1.05 billion

Capza's hybrid debt equity fund reaches €450 million for first close
Capza has held a €450 million first close on its hybrid debt and equity fund, Capza 5 Flex Equity fund

Whitebox targets $400 million for structured credit fund
Whitebox Advisors is looking to raise $400 million for its latest structured credit fund, Whitebox Advisors Term Credit Fund III, according to market sources

Canyon launches structured credit opportunities fund
Canyon Partners has amassed $113 million for its Canyon Structured Credit Opportunity Fund

Crestline prepares third speciality lending fund
Crestline Investors is preparing to launch its third speciality credit fund, Crestline Speciality Lending Fund III

Two large managers prepare CLO funds
Another two managers have joined the plethora of firms launching CLO-focused funds of late including CIFC, Capital Four, DFG, Eagle Point, Neuberger Berman, Octagon, and Tetragon

LP round up: managers keep fundraising hopes high as GSO targets $7.5 billion for mezz offering
Institutional investors allocated $1.6 billion into credit this week, according to documents seen by Creditflux

Charlesbank hits $750 million hard cap on opportunistic credit fund
Charlesbank Capital Partners has wrapped up fundraising for its second credit fund offering, Charlesbank Credit Opportunities Fund II 

Artemid reaches €400 million first close on third senior debt fund
Artemid, the jointly owned subsidiary of Capza and Amiral Gestion, has held a €400 million first close on their third fund senior debt fund

Permira holds €3.48 billion final close on fourth direct lending fund
Permira Debt Managers has collected €3.48 billion for its fourth direct lending strategy, marking the fund’s final close on 31 March

Golding holds first close for private debt vehicle
Munich-headquartered fund-of-funds manager Golding Capital Partners has held a first close on almost €200 million for its private debt fund Golding Private Debt 2020

Andera collects €500 million for sponsorless mezzanine debt fund
Andera Partners, has held a final close on its sponsorless mezzanine fund, ActoMezz IV, exceeding its hard cap at €500 million

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