Z Capital passes $100 million fundraising mark for credit fund
Z Capital has raised $106 million for its Credit Tactical Fund, according to a market source

New direct lending fund and CLO launch drive surge in manager's AUM
A European fund manager has seen its assets under management surge in Q3, thanks in large part to its private debt business

BlueBay launches Ucits bond fund
BlueBay Asset Management has launched a new global fixed income fund, with an eye on wealth managers

Chicago manager launches $1.2 billion leveraged direct lending fund
A new mid-market credit fund has raised $415 million equity capital, exceeding its original $350 million target

Pennsylvania pension fund to invest $150 million in TPG credit strategy
The Pennsylvania State Employees’ Retirement System has confirmed it will invest $150 million in TSSP Adjacent Opportunities Partners, a business of Fort Worth and San Fracisco-based TPG Sixth Street Partners

New York manager raises $75 million for alternative credit fund
Global Alternative Credit Fund has raised $75 million since 2016

Aberdeen Standard aims to minimise interest rate risk with new bond fund
Aberdeen Standard Investments has launched a short duration corporate bond fund, just months after the completion of Aberdeen’s merger with Standard Life

Fund of fund specialist raises $60 million for distressed debt
A large Asset manager has put together a new distressed strategy, filings suggest

CM-CIC Private Debt holds first close on large cap loan fund
French bank's asset management arm targets pensions and insurers with €400 million European loan fund

Colony raises $125 million for CLO JV with Capra
One of the world’s largest real estate investment trusts is looking to expand its CLO investment business

Mid-market lender Monroe signs JV with National Life
Monroe and National Life each put $50 million into new venture then look to add leverage

Crestline raises $1.3 billion for its latest credit strategy
Crestline Investors has closed its third credit opportunity fund, according to a press release. The firm states that Opportunity Fund III and related managed accounts secured over $1.34 billion of capital commitments

Los Angeles manager hits $2.5 billion hard cap with its second credit fund
A firm, launched in 2013, has raised its second credit fund which is more than double its predecessor fund

Fund manager with UHNWI following raises $25 million for long-short credit
An asset manager based in Florida, which has successfully sold credit funds to ultra high-net-worth individuals, has rased $25 million for a long-short credit fund

Aberdeen Standard holds first close on secured credit fund at £350 million
Aberdeen Standard Investments is looking to invest in real estate debt, infrastructure debt and other types of private credit

New European credit firm hires investor relations head from CQS after strong start
A recently-launched fund manager has hired from CQS after raising roughly €100 million for its debut credit opps fund

US investors allocate over $100 million to BlueBay credit fund
BlueBay Asset Management has picked up over $100 million of commitments from US investors for its total return credit fund

Alcentra continues hot fundraising streak with new global credit offering
BNY Mellon subsidiary Alcentra has attracted $140 million for a corporate credit fund

Wealth manager adds Oaktree and THL to new direct lending platform
Canadian firm Nicola Wealth Management (NWM) has launched a new private debt fund which will combine a fund of funds approach with direct investments

Asset management giant T Rowe Price gets boost from high yield
Baltimore-based T Rowe Price also boosted its AUM by $44.3 billion and net income by $63.1 million in third quarter 2017

KKR raises $7 billion through strategic investor partnerships
KKR is prioritising strategic partnerships with institutional investors and longer lock-up vehicles, according to officials at the firm

Monroe's latest private credit fund reaches first close at $204.8 million
The firm's newly launched Private Credit Fund III is inching closer to its $800 million target

Sound Point fund sees inflows of $740 million over 12 months
A Sound Point Capital Management fund is creeping closer to an expected $1.25 billion soft close

Cheyne raises $400 million YTD for corporate credit fund
Cheyne Capital’s 15-year investment grade corporate credit programme continues to grow its assets – with its 2022 vintage raising over $400 million from investors this year

Chenavari fund swells assets by $72 million following relaunch
Chenavari has grown assets of a long/short credit vehicle by more than $70 million following the vehicle’s relaunch last year, its co-manager says