CLO fund manager launches flagship credit strategy with $250 million target
A credit manager launched by a former UBS head has launched its flagship fund, with a target raise of $250 million, according to an investor letter seen by Creditflux

Pennsylvania pension fund commits $100 million to US direct lending
A Pennsylvania pension fund has approved $175 million in new commitments to asset mangers, including $100 million to a credit fund run by Brightwood Capital Advisors

US pension scheme puts $100 million into top-performing CQS fund
A multi-strategy credit fund run by CQS has earned a $100 million commitment from a US pension fund

Abu Dhabi Investment Authority buys stake in KKR’s Indian credit business
The Abu Dhabi investment Authority has become a significant minority shareholder in KKR India Financial Services, an alternative credit business in India owned by US private equity firm KKR

Maryland pension poised to invest $150 million with Minnesota manager
The Maryland State Retirement and Pension System has committed to invest $150 million with the Castlelake V fund, a market source confirms

Two Benefit Street credit funds close at hard cap
Benefit Street Partners has announced the final closing of its fourth flagship fund, Benefit Street Partners Debt Fund IV, as well as a close of its inaugural Benefit Street Partners Special Situations Fund

SkyBridge unveils $129 million of new investments with two firms
Two of the New York manager's fund of funds switched up their holdings in third quarter 2017, investing about $129 million collectively in two funds while apparently dropping four others between them

East coast manager with niche focus raises $100 million for new credit fund
A New Jersey asset management firm with a focus on the “life-contingent” asset class has launched a new credit fund

Australian-European credit manager unveils plans for listed fund
Australian secured credit fixed income specialist Gryphon Capital Investments has announced plans to list a trust with an objective of paying a 5% per annum coupon paid on a monthly basis

London manager closes third credit fund at €459 million
Rothschild Credit Management has announced the final close of its third credit investment fund at €459 million

US private equity firm markets its debut credit fund
After hiring a head of credit in January, a US fund manager has started marketing a $300 million direct lending vehicle

BlackRock targets European investors with global macro opportunities fund
Known as BSF Macro Opportunities Fund, the strategy will provide long/short multi-asset exposure and offer daily liquidity

BNY Mellon launches multi-asset vehicle to be subadvised by Pareto
The BNY Mellon Insight Broad Opportunities fund will invest in a broad range of asset classes, including equities, fixed income, currencies, real estate, listed infrastructure and commodities

German credit fund Robus draws in investors
Robus German Credit Opportunities Sub Fund, which invests in high yield, has increased its assets under management by over 40% in 12 months

Angel Oak CMV plants seed for newly risen CLO market
Atlanta-based manager Angel Oak Capital is looking to fertilise the budding market for CLOs backed by subordinated bank debt

Credit Suisse unit acquires majority stake in SME-focused Swiss startup
The financial services giant's venture capital investment arm, SVC-Ltd, has acquired a majority stake in Swiss alternatives startup Tradeplus24

Denver manager raises $22 million for structured credit fund this year
The Wickapogue Structured Credit Fund, launched in November 2016, has raised about $22.2 million according to a regulatory filing

Minneapolis manager raises $558 million for third mezzazine fund
The manager has held a final close on its third mezzazine fund, bringing total fundraising to over $1.2 billion across all three funds

West coast manager launches debut credit fund
A new San Francisco-based boutique has launched a credit fund, a regulatory filing indicates

French manager launches its latest private debt fund

Hong Kong firm announces first close of China-focused direct lending fund
Hong Kong-based investment firm Adamas Asset Management has announced the first closing of its Adamas Ping An Opportunities Fund, a vehicle mainly providing loans to companies in Greater China

Churchill launches breakthrough mid-market loan fund
Mid-market CLO manager Churchill has diversified its product range by launching a commingled loan fund 

AllianzGI makes hires and launches its second UK infrastructure debt fund
AllianzGI’s new fund, which is approaching its first close, will invest in long-term, investment grade core UK infrastructure assets

Credit Suisse alumni in Australia raise $217 million for credit fund
Australian private investment firm Tanarra, formed less than a year ago by a group of Credit Suisse alumni, has raised AUD$285 million ($217 million) for a new credit fund

UK pension fund awards Loomis Sayles £485 million for multi-strategy credit
Natixis-affiliate Loomis Sayles has been awarded a £485 million ($647.3 million) mandate by the Avon Pension Fund to manage its multi-asset credit allocation