Kartesia closes €1.5 billion credit opportunities fund
Kartesia has closed its fifth credit opportunities fund, Kartesia Credit Opportunities V, at €1.5 billion

Evli launches global private debt fund of funds
Evli Private Debt Fund I will invest in European and North American private debt funds 

PE firm HG targets up to $1 billion for credit fund to invest in its portfolio companies
Documents show HG's Titan 1 will allow investors to capture the returns that have historically gone to third-party credit investors 

Canadian pension Imco allocates $500 million to Ares
Investment Management Corporation of Ontario has revealed a $500 million allocation to a large credit manager that includes $400 million to a fund-of-one

Schroders and Oaktree launch global credit ucits fund
Schroders has partnered with Oaktree Capital Management to launch a global multi-strategy credit fund, Schroder GAIA Oaktree Credit fund, which will sit within Schroders' alternatives ucits platform

DWS and Tikehau target UK pensions with multi-strategy credit fund
The new fund will invest in CLOs, ABS, private debt, leveraged loans, infrastructure debt and real estate debt

BlackRock holds $940 million first close on global private debt fund designed for UK pensions
BlackRock has collected $940 million on a first close of its new private debt fund BlackRock Diversified Private Debt Fund 

LP round up: $3.2 billion flows to 21 managers as private credit illiquidity premium holds firm
Investors allocated at least $3.2 billion to credit managers in April - and direct lending funds were in favour with Churchill and Ares being awarded two mandates

Credit funds at a glance (May 2021)
A round up of fundraising and people moves in credit 

Park Square collects €1.8 billion for European mezz debt fund
With leverage, Park Square expects the strategy to have €2.2 billion of investable capital

Credit fundraising: three massive European direct lending funds notch up €17.6 bn
Fundraising figures continued upwards in April as just over $24 billion was raised for credit funds, alongside $3.2 worth of allocations to credit managers. Nine funds held final closes including the largest European direct lending fund raised to date

Ares flush with cash after raising €15 billion for European direct lending
Ares Management has raised one of the largest European direct lending funds on record and, with leverage, the fund expects to have a whopping €15 billion to deploy

EIF and Alantra commit up to €110 million for Spanish SME lending
The European Investment Fund and direct lender Alantra have joined forces to provide up to €110 million financing to European small and medium sized companies

Toronto-based Whitehorse Liquidity hits $4 billion hard cap on liquidity solutions fund
Whitehorse Liquidity Partners Fund IV provides liquidity solutions to private equity-style fund investors and managers

Muzinich amasses €342 million on third close for European direct lending fund
Muzinich Pan-European II Private Debt Fund is a lower mid-market European direct lending fund

BlackRock wins €400 million ESG private debt mandate
BlackRock has won a mandate to manage an ESG focused European private debt fund from a Munich-based firm

Credit fundraising: Goldman Sachs direct lending fund takes March figures to $23 bn
Credit funds sprung forward in March as $23 billion was raised alongside $2.6 billion worth of allocations to credit managers. 

LP round-up: $2.6 billion flows into 26 credit managers
A stuck ship in the Suez Canal may have prevented others from getting through one of the world's busiest waterways in March, but allocations to credit funds were much more free flowing as investors poured over $2.6 billion into the hands of credit managers

MV pairs with Loomis Sayles on open-ended credit fund for UK pensions
Smart Pensions is the cornerstone investor on MV Dual Credit Fund, providing around £100 million to the strategy

DE Shaw amasses $1 billion for stressed and distressed assets
The fund will invest in stressed and distressed assets, financings, and special situations opportunities

Hayfin closes 'over €5 billion' European direct lending strategy amid record deployment
Hayfin held a final close on its latest European direct lending fund, Hayfin Direct Lending Fund III

Connection anchors sterling share class in European private credit fund
Connection Capital says it has raised £3 million (€3.5 million) from its high net worth client base to invest in a manager's direct lending fund 

Kartesia amasses €1 billion for inaugural senior direct lending fund
Kartesia has held a €1 billion final close of its inaugural senior debt fund, Kartesia Senior Opportunities I

Permira targets up to €5 billion with fifth direct lending fund
The launch of Permira Credit Solutions Fund V comes 12 months after the firm held a final close on its predecessor

Manager sails to €210 million final close on fifth European credit fund
The fund will invest in debt and equity in Northern European small to medium sized companies