BlackRock raising $2.5 billion for direct lending fund: report
BlackRock is seeking to raise $2.5 billion for a private credit fund – and has already hit the $1.5 billion mark in sales, according to a Bloomberg report

New Hampshire pension makes $50 million commitment to direct lending
The New Hampshire Retirement System has approved a $50 million commitment to BlueBay’s Direct Lending Fund III (USD unlevered), according to documents seen by Creditflux

NN launches emerging market debt fund
Dutch asset manager NN Investment Partners has launched a new fund that invests in debt instruments issued in hard currency (USD-denominated) by emerging market sovereign and corporate issuers

New Mexico investment council approves commitment to Silver Point strategy
Special situations credit firm Silver Point is set to receive $100 million from a US state investment fund for its latest distressed credit stratregy

Canadian real estate specialist reveals a year-on-year drop in assets
Terra Firma Capital Corporation has released its 2017 end-of-year financial statements, which reveal an overall drop in assets from CAD$146.7 ($114) million to $143.5 ($111.5) million at the end of 2016 and 2017, respectively

Barings raises at least $372 million for real estate credit
Barings has raised at least $372 million for its latest real estate credit fund, Barings Real Estate Credit Strategies VII, according to regulatory filings

Canada’s Fiera generates 10% AUM growth in 2017
Montreal-based asset manager Fiera Capital Corporation has increase its assets under management by 10% year-on-year and grown its annual revenues by 33% on a year-over-year basis, its latest financial report reveals

Columbia unveils new Luxembourg-domiciled global credit strategy
Columbia Threadneedle has unveiled its newest credit fund, which will emulate the investment approach taken by its €2 billion predecessor fund

Distressed credit specialist rakes in $781 million for global debt fund
Balbec Capital's latest global credit fund has a $1 billion target

Hong Kong's Tor raises $150 million for latest credit fund
A Hong Kong-based firm’s recently launched credit fund has raised sales of $150 million, hitting the halfway mark of its anticipated fundraising, according to a market source

Texas pension fund approves two new CLO manager mandates
The Texas Municipal Retirement System has approved the appointment of GSO Capital Partners LP and Octagon Credit Investors as CLO managers on its non-core fixed income strategy

Ohio pension backs BlackRock multi-asset and BlueBay direct lending funds
BlackRock and BlueBay have each won commitments from a $14.7 billion Ohio pension fund

London direct lender hits $100 million in sales for direct lending fund
UK direct lending firm Prestige Funds has raised more than $100 million for its Luxembourg-domiciled direct lending fund, Commercial Finance Opportunities

Real estate debt managers receive funding injections from Nebraska pension
Real estate debt specialist Torchlight Investors is among three firms to receive commitments from the Nebraska Investment Council on Friday

Nordea turns its focus to Latin America with new corporate bond fund
Nordea Investment Funds has launched a new Latin American corporate bond fund, in collaboration with Chilean group Bice Inversiones

UBS AM debuts second infra debt fund with €448 million raised to date
UBS Asset Management has launched its second infrastructure debt fund, having raised €448.4 million in seed commitments from initial investors for the vehicle

BlackRock adds new ETF to $1.8 trillion iShares platform
BlackRock has unveiled a new addition to its suite of target maturity fixed income ETFs, with the iShares iBonds Dec 2024 Term Muni Bond ETF (IBMM) rolling out this week

Hermes to debut ESG unconstrained credit fund
Hermes Investment Management is set to launch an unconstrained credit fund this year

Private equity firm hits target size with $170 million for its first credit fund
Technology-focused private equity firm Accel-KKR has raised $170 million – and hit the total offering amount – for its series 1 Credit Partners fund, which appears to be a direct lending strategy

UK and German firms team up to launch global ESG fixed income fund
London-based manager J8 Capital Management and Frankfurt-based investment company Universal-Investment are to launch a new fixed income fund, the companies announced on Wednesday.

Manager prices $90 million securitisation backed by "fix-and-flip" loans
An Atlanta-based asset manager has launched a $90 million mortgage securitisation, believed to be the first to be backed by "fix-and-flip" loans

Torchlight shines brightly, raising $660 million for real estate debt fund
New York-based real estate debt manager Torchlight Investors has launched its sixth debt opportunity fund, according to 13 March US SEC filings.

Willis Towers Watson raises $620 million for two credit funds
Willis Towers Watson has launched a Group Trust with two credit funds, a spokesperson for the firm has confirmed.

Anchorage wins $75 million ticket for global credit fund
A US pension fund has approved an investment in the upcoming Anchorage credit fund

Octagon-managed structured credit fund invests heavily in CLO equity
A new structured credit interval fund subadvised by Octagon Credit Investors has invested almost half of its portfolio in CLOs