Private credit manager eyes merger amid tough fundraising conditions
A direct lender operating a in one of the sparsely-populated parts of the market is open to a strategic partnership with a fund manager after scrapping a fund launch 

HIG raises new fund as head reveals secret sauce in direct loan origination
HIG WhiteHorse has announced that it has closed its debut direct lending fund, the HIG WhiteHorse Direct Lending Fund, after making a big push into the strategy last year

Pemberton to take flexible approach with new direct lending strategy
Direct lender Pemberton will have the ability to provide junior financing to performing companies as part of a new initiative

Hayfin raises €2.2 billion for special opportunities strategy
Hayfin Capital Management yesterday announced that it has completed fundraising for its new special opportunities strategy

Permira holds final close on direct lending fund after attracting new investors
Over half the investors in Permira's new direct lending fund are new relationships with manager revealing that PCS 3 has reached €2.1 billion including leverage

Credit manager HPS pulls in capital for new loan fund
HPS Investment Partners, the former Highbridge Capital Management, has begun to raise a new loan fund

THL closes third direct lending fund at $511 million
THL Credit has announced that it has closed its third direct lending fund, after bringing in $511 million of capital commitments

Onex raises capital for new direct lending strategy
Onex Credit is making rapid progress in raising its inaugural direct lending fund, after hiring Goldman Sachs's Walt Jackson to set up this business in 2016

Alcentra teams with Steadfast for $3 billion global mid-market strategy
Steadfast Capital Markets Group and Alcentra have announced the launch of a new credit fund, which will lend to companies in the US and western Europe

Partners Group tops €1 billion for new multi-asset credit programme
Partners Group says that it has raised €1 billion for what it describes as a multi-asset credit programme

Texas pension fund stocks up on direct lending with $675 million allocation
A US pension fund is clearly a big fan of direct lending strategies having hired two managers. It has now committed $1.2 billion to direct lenders this year

Permira nears final close on new direct lending fund
London’s Permira Debt Managers is edging closer to a final close on its latest direct lending fund, according to an article by Unquote

Sound Point targets Italian mid market for special situations fund
Sound Point Capital Management is understood to be targeting between $200 million and $300 million for a new European credit hedge fund

Alcentra and reit specialist Steadfast team up for fund
Alcentra has launched a new retail fund in the US to invest in mid-market credit

Standard Life unit looks to put money to work in European direct lending
SL Capital has opened for business in private debt with officials at the company confirming that they have started with €270 million of capital to lend to privately-owned European borrowers

Columbus-based pension fund supports upcoming LBC credit offering
A US pension scheme has agreed to invest in a fund, which is targeting 15% returns

Muzinich brings in €180 million for new European private credit fund
Muzinich has held a first close on a pan-European private debt fund with €180 million in commitments

Texas mid-market lender pulls in $180 million for second fund
A Houston-based mid-market specialist has raised just under $180 million in the first close of its second private equity-style fund, according to regulatory filings

Ares wins $1.1 billion in global direct lending SMAs in strong start to 2017
Direct lending proved to be Ares Management’s most successful strategy in fundraising terms with the firm registering $1.1 billion of inflows for European and US private debt in the first quarter

West coast pension plans $300 million Carlyle mid-market allocation
Pension fund puts money into commingled fund and separate account with Carlyle Group

Fund manager sees global appeal for new $2 billion energy lending fund
EIG welcomes commitments from non-US based investors for its new direct lending fund

Highland shelves plans for format switch as interval funds gather pace
Instead of converting a mutual fund into an interval fund, Highland is looking to launch an interval fund - viewed as a investor-friendly alternative to BDCs - from scratch 

Nordic asset manager launches debut private credit fund
A Helsinki-based manager has partnered with MV Credit Partners for its debut direct lending fund

JP Morgan credit specialist set to join large credit manager in London
An experienced banker is leaving the leveraged finance desk at JP Morgan ahead of a move to the buy side. He is set to be involved with his new employer's upcoming direct lending fund