Ares's $3.4 billion direct lending fund raise brings hordes of new investors
60% of the investors in Ares's new direct lending fund are new to the firm, according to an announcement by the firm

EQT raises €1.3 billion for its latest credit opps fund
EQT has rounded out 2017 with a final close on its private credit fund at €1.3 billion

Life sciences investment firm raises $154 million from share issue
BioPharma Credit, an investment company focused on the life sciences industry, has raised approximately $154 million to fund future investment opportunities and commitments already made

London direct lender seeks more than €1 billion for strategic credit fund
According to a market source, Pemberton's latest strategc credit fund is aiming to raise at least as much as its inaugural fund, which last year raised €1.2 billion from 27 investors

CLO manager looks to raise up to $2 billion to invest in CLOs globally
A US CLO manager is planning to invest in CLO tranches for the first time. It is understood that the firm is putting together a structured credit fund that will also have the ability to invest in index tranches

Wisconsin pension fund commits to PE firm's debut credit strategy
A Houston-headquartered asset manager has recieved a $50 million commitment for its inaugural credit fund, which has a target size of $225 million

Texas pension fund allocates $100 million to direct lender's upcoming fund
Boston-based Summit Partners has received a $100 million commitment for its third credit fund – Summit Partners Credit Fund III – by a Texas pension fund

GreenOak announces final close at €600 million on real estate debt fund
The manager has held a final close on its Europe Secured Lending Fund, with total capital commitments of €600 million, surpassing its original target size of €500 million 

Private debt manager makes multi-million dollar sales for third credit opps fund
Private debt manager Park Square has made significant sales for its Capital Credit Opportunities III fund over the course of a year, regulatory filings indicate

Paris manager launches third infrastructure debt fund
After successfully deploying capital for fund II, a Paris manager has announced the launch of fund III - which will have a target size of €300 million to €500 million 

Infrastructure manager raises $6.5 billion in equity and debt mandates
Global infrastructure manager IFM Investors raised $6.5 billion in infrastructure equity and debt globally between 1 July 2016 and 30 September 2017

Manager poised to launch $100 million shipping debt fund
The fund will aim to provide financing for investments within shipping and maritime, according to market sources

Manager hits £600 million hard cap for third real estate debt fund
London-based DRC Capital has closed its third real estate fund at £600 million ($802 million), hitting its hard cap and surpassing its target of £500 million 

BlueBay fund loses over $50 million in 18 months
BlueBay’s Credit Alpha Long Short fund strategy has shrunk by over $50 million since May 2016, Creditflux understands

Boston manager launches direct lending fund
Private equity firm Summit Partners appears to have launched its third credit fund, believed to be a direct lending fund

US real estate lender launches fourth credit fund
Commercial real estate finance company Acore Capital has launched a new credit fund but has not yet made any sales on the product, regulatory filings suggest

Rothschild plans to raise up to €500 million for its next credit fund
Fresh from launching Oberon III last week, a market source says Rothschild is planning its follow-up credit fund

Alcentra global credit strategy launches US feeder fund
Alcentra has launched a new US feeder fund for its Global Multi-Credit Solutions strategy, a regulatory filing indicates

New manager to target Australia's secured private debt market
 A new Australian boutique investment manager is set to launch in early 2018, and will target AUD500 million for its first credit fund

KKR Credit wins US pension fund's $300 million private debt mandate
KKR credit has won a mandate from an Iowa pension fund to act as its private corporate debt strategic partner, board documentation seen by Creditflux reveals

Manager holds first close at £90 million for UK lower mid-market fund
The direct lending fund, which has a $300 million hard cap and targets UK lower mid-market companies, has held its first close at £90 million ($120 million) 

KKR and Audax poised to receive commitments from Arizona pension fund
Arizona’s Safety Personnel Retirement System may commit $175 million to credit strategies run ky KKR and Audax, according to board documents seen by Creditflux

Manager adds to its private credit team and holds final close on new fund
Toronto-based Northleaf Capital Partners has announced the final closing of its global private credit fund, as well as two senior hires from Bain and HIG Capital in Chicago

Athyrium and Neuberger Berman announce $2 billion close of healthcare fund
A healthcare-focused asset manager has announced announce the closing of Athyrium Opportunities Fund III, which is subadvised by NB Alternatives Advisers, the advisor to Neuberger Berman’s private equity business

US direct lender announces first close at $275 million after Oaktree backing
Direct lender Runway Growth Credit has announced the successful closing of its $275 million initial equity capital raise, including a $139 million commitment from Oaktree