New Jersey firm launches distressed debt and direct lending fund
New Jersey firm Chatham Asset Management has launched a distressed debt and direct lending fund and has raised at least $106.9 million for it so far, according to regulatory filings

West coast manager raises $600 million for upcoming direct lending fund
Los Angeles-based Crescent Capital has launched a new direct lending product known as Crescent Direct Lending Fund II, which comes in both levered and unlevered forms and appears to have a $1 billion fundraising target

New Jersey pension to invest $200 million with boutique private debt manager
The New Jersey State Investment Council is poised to invest in a private debt fund run by Chatham Asset Management

Guggenheim raises $200 million for opportunistic credit vehicle
Guggenheim has raised $200 million for a new opportunistic credit fund, which is backed by three investors to date

Angel Oak joins growth in credit interval funds
Angel Oak is set to become the latest credit manager to target retail investors following in the footsteps of Alcentra, GoldenTree, GSO and Octagon 

Hong Kong authority commits $1bn to EM credit
The Hong Kong Monetary Authority (HKMA), the autonomous territory’s de facto central bank, has invested $1 billion in an infrastructure loan strategy

Credit fundraising hits $11.1bn in September
$11.1 billion was raised for credit-orientated strategies in September, according to Creditflux’s fundraising tracker. Just over half of this ($5.6 billion) comes from direct lending funds

Asian airline operator approves $30 million ticket for new CarVal credit fund
US credit strategies continue to attract capital from Asian investors with CarVal Investors the latest asset manager to distribute a fund in the continent

EIB unveils €300 million lending programme for Irish business
The European Investment Bank (EIB) has announced a new €300 million long-term lending programme aimed at supporting mid-cap companies in Ireland

Chicago-based manager unveils ambitious plans for listed CLO equity fund
US CLO manager aims to become the latest to add a CLO investment fund

East coast pension fund commits $50 million to Carlyle private credit fund
The New Hampshire Retirement System has committed to invest $100 million to Carlyle Group, including $50 million to a private credit fund

Private equity firm raises $54 million in three months for credit fund
New York-based Siguler & Guff’s small business credit fund has raised almost $54 million in just three months, according to regulatory filings

Catholic fraternity puts its faith in Audax for private debt partnership
New York-based Audax Management Company and New Haven-based Knights of Columbus Asset Advisors have partnered together on a private debt fund that has raised almost $123 million in a year

Local Pensions Partnership looks to go direct with £1.3 billion credit fund
The Local Pensions Partnership (LPP), which runs the pension schemes of two separate UK local government areas, has announced the launch of a £1.3 billion ($1.7 billion) credit fund

London-based Signal raises €725 million for credit and real estate funds
London-based private asset management firm Signal Capital Partners has raised €725 million with an investment strategy targeting credit and real estate special situations

Alcentra raises €690 million for closed-end credit fund
BNY Mellon subsidiary Alcentra has closed its Clareant Strategic Credit Fund with sales of €690 million. The vehicle, which originally had a target size of €500 million, is dedicated to opportunistic investing in the loans, bonds and structured credit of European companies

Atlanta boutique moves into structured credit with new fund
Boutique asset management firm Ardent has launched a new credit vehicle -- the third fund for the Atlanta-based company

Dallas boutique Civitas launches alternative credit strategy
Dallas-based Civitas Alternative Investments has launched a new credit vehicle in the form of two related funds – and has started fundraising for them as it announces plans for further growth

Long-short manager Kingdon grows its credit fund
Kingdon Capital Management's credit assets under management have increased over the last year, SEC filings suggest

Riverside seeks $350 million for new fund within recently launched credit arm
Global private equity firm The Riverside Company is looking to raise up to $350 million for a new credit fund

AB steps up fundraising for BDC
AB is raising funds for its AB Private Credit Investors Corp, previously known as AB Private Credit Corp, filings show

Neuberger keeps up private credit momentum as it markets new fund
Neuberger Berman is marketing its latest private credit strategy, with the firm launching Neuerger Berman Private Debt Fund III

Californian manager raises $2 billion for opportunistic credit fund
Distressed debt specialist Glendon Capital Management has raised more than $2 billion for a new delayed-draw fund

Octagon’s debut retail credit fund goes live
XA Investments has raised up to $83.4 million for the closed-end credit fund it has set up with Octagon Credit

Kentucky pension funds invest $150 million in two US managers
Kentucky Retirement Systems has agreed to invest $150 million in private credit assets with two US asset managers, and has hired a new consultant to advise on asset allocation