BNPP AM establishes two new private debt strategies
BNP Paribas Asset Management establishes two new private debt strategies: European Infra Debt and European Real Estate Debt

Lazard announces 2017 earnings and considers C Corporation structure
Bermuda-headquartered Lazard is considering a ‘C Corporation’ structure, under which the corporation would be taxed separately from its owners

Makuria brings in over $900 million for special situations-focused credit fund
London-based Makuria Investment Management has received $918 million in capital commitment for its credit fund, according to market sources

Texas pension fund re-ups commitment to opportunistic credit fund
Texas County & District Retirement System has further allocated $50 million to Beach Point Capital Management, according to documents seen by Creditflux

Middle-market lender to debut $1.5 billion special situations credit fund
Chicago-based Monroe Capital is launching a special situations credit fund with a $1 billion target size, according to market sources

HSBC announces $550 million second close for diversified loan fund
HSBC Alternative Investments has announced the second close of its diversified loan fund, which will combine both loan investing and direct lending

New wave of CLO funds emerge as managers capitalise on tight spreads
Credit managers have raised an abundance of capital in the last few months with the aim of stocking up on their CLO investments

ICG increases fundraising goal as direct lending funds near full deployment
London-based Intermediate Capital Group has increased its fundraising target to €6 billion per year on a rolling three-year basis

CIFC moves into US high yield with unique long/short credit strategy
US high yield credit is hardly top of the agenda for fund managers at the moment, but CIFC Asset Management is taking a two-pronged approach to building out a new business line in this area

Demand for IG outweighs HY as US credit manager launches two funds
A west coast asset manager has launched a high yield strategy and an investment grade fund. The IG option has been more popular thus far

Arizona pension fund looks to commit up to $250 million to direct lending
Arizona Public Safety Retirement System (Psprs) is considering investing up to $250 million in direct lending, according to investment board documentation dated 31 January

Alcentra launches third direct lending fund
A year on from closing its second direct lending fund, Alcentra is understood to be marketing fund three in its direct lending series

Cairn works reg cap and eyes another fund launch
Cairn Capital’s regulatory capital relief business is up and running, with the firm closing its first deals late last year

Impact investor selects CDO structure for solar debt fund
Social Investment Managers & Advisors (Sima) has taken the unusual route of choosing a CDO structure for its latest debt fund.

European manager launches global credit fund
London-headquartered Mirabaud Asset Management yesterday launched a new Global Diversified Credit Fund, further committing to its fixed income strategy.

Axa IM holds €1.1 billion final close on European infrastructure debt fund
Axa Investment Managers – Real Assets (AXA IM) held a final close on its co-mingled pan-European infrastructure debt fund at over €1.1 billion, a spokesperson has confirmed

Florida pension fund commits $200 million to Doubleline's MBS strategy
Florida State Board of Administration approved a $200 million commitment to Los-Angeles based Doubleline for its opportunities credit fund in Q4 2017, according to board documentation

San Diego pension fund approves $100 million for real estate credit fund
San Diego County Employee’s Retirement Association has approved a $100 million commitment to a new real estate credit fund

Manchester's Tosca holds £237.6 million final close for second debt fund
Tosca Debt Capital has held a final close for its second debt fund, Tosca Debt Capital Fund II, at £237.6 million ($335.6 million) 

Comvest raises $836 million for leveraged direct lending fund
Following its rebrand in November, middle-market lender Comvest Credit Partners has exceeded the $650 million target size for it fourth direct lending fund 

MidOcean nets $87.6 million in 12 months for credit opps fund
MidOcean Partners has raised more than $87 million in a year for its first Credit Opportunity IDF fund, regulatory filings indicate

New York pension fund invests $200 million in real estate debt
New York State Teachers Retirement System (NYSTRS) has approved a $200 million commitment to real estate debt, according to board documentation

London real estate manager launches £500 million debt fund
Specialist real estate debt manager Laxfield Group has launched its latest real estate debt fund, securing £500 million of institutional capital commitments

Caryle's debut credit opportunities fund nets more than $1 billion
Carlyle Group has held a first close for its first credit opportunities fund at more than $1 billion, according to media reports – not bad for a vehicle formed last year

JP Morgan AM launches three fixed income ETFs
JP Morgan Asset Management has launched its first three European fixed income ETFs, all based in Ireland