Alcentra prepares listed credit fund
BNY Mellon Investment Advisor has teamed up with affiliate Alcentra to launch a listed fund that can invest across a range of credit strategies

Axiom seeks high yield sweet spot with long-short fund
Axiom Alternative Investments is set to launch a long-short fund that will identify mispricings of high yield credit arising from the prolonged compression of spreads between different rating bands.

NNIP launches corporate green bond fund
NNIP Investment Partners has launched a green bond fund focused on corporate borrowers, following dominance by this issuer group in the green bond market last year

Bayside targets $1.25 billion for special situations fund
HIG Bayside is targeting $1.25 billion for its latest special situations fund, HIG Bayside Loan Opportunity Fund VI, according to US regulatory filings filed on Monday

EIF backs Italian private debt fund
Finint Investment anticipates €150 million final close for its third Italian private debt fund in June, after receiving the backing of the European Investment Fund

Lord Abbett preps floating rate interval fund with monthly share repurchase
Lord Abbett Enhanced Floating Rate Fund will invest at least 80% of its assets in floating rate products including senior secured or unsecured loans, second lien debt and floating rate structured credit including CLOs

Axa IM launches SRT fund after record-breaking 2019
Axa Investment Managers says it has held a first close on a fund that invests in significant risk transfers

AlbaCore closes €1.5 billion direct lending fund nearly 60% deployed
AlbaCore Capital has deployed around 60% of its second direct lending fund, with the London-based manager closing the fund at €1.5 billion

JP Morgan AM launches first European multi-factor fixed income ETF
JP Morgan Asset Management has launched an inaugural fixed income multi-factor exchange traded fund in Europe

Mercer puts private debt at heart of $2.7 billion fund of fund
Mercer has held a final close at $2.7 billion for a private markets fund that offers investors access to private debt and sustainable products  

Whitehelm holds €500 million first close on infrastructure debt strategy
Whitehelm Capital has held a €500 million first close on its infrastructure debt strategy, according to an announcement. Creditflux's sister publication Inframation reports that this is split between Whitehelm Capital Infrastructure Debt Partners I and managed accounts

Pimco plans to outperform come rain or shine with $4.5bn all-weather fund
Pimco has become the latest manager to fashion a flexible, all weather credit fund that invests across public and private markets, geographies and capital structures. The Newport Beach-based manager is hoping to raise $3 billion for the strategy. With half a turn of leverage, it could have up to $4.5 billion to deploy.

Yielco collects €675 million across two private debt fund of fund strategies
The Munich-based firm held a final close on its inaugural private debt fund of funds strategy and has also won a separate prive debt mandate

Amundi joins forces with French bank to launch midcap loan fund
Amundi has partnered with French bank LCL to launch a mid-cap direct lending fund - and the fund has collected €130 million on its first close, just over half its target size 

Ardian raises €3 billion direct lending fund as it makes space for stretch-seniors
Ardian has collected €3 billion from ‘over 90 investors’ on its fourth European direct lending fund, surpassing its original €2.5 billion target size

Pimco launches listed multi-sector global credit fund
Known as Pimco Tactical Income Fund, the fund will invest in a range of global credit strategies and will list on the New York Stock Exchange

Partners nears $100 billion in AUM as CLOs drive private debt growth
Swiss manager Partners Group has reached $94.1 billion in assets under management, with CLOs boosting the firm’s growth, according to its 2019 annual results  

EQ plans private credit fund launch with eye on deploying up to €100 million
EQ Asset Management has indicated that it will launch its third private credit fund later this year

BC Partners seeks $1 billion close for special opportunities fund
BC Partners Advisors is targeting a $1 billion close for its recently launched special opportunities fund, according to documents seen by Creditflux.  

Stockholm-based firm targets CLOs, CSOs and SRTs for new fund after stellar 2019
A fund manager, established in 2018, is said to be launching its second corporate structured credit fund, sources say, after generating 20% returns last year via its debut strategy. The new fund will invest across CLOs, CSOs, SRTs and index tranches 

BNP Paribas AM hits €345 million on first close of European SME debt fund
BNP Paribas Asset Management has attracted €345 million from 13 investors for its second European debt fund focused on small and medium-sized enterprises, marking the fund’s first close

Värde launches $2.5 billion global credit fund
Värde Partners has raised $2.47 billion for a new global credit fund, according to an announcement today

Devon pension backs Brunel private debt portfolio
Devon pension fund’s committee has approved a £100 million ($131 million) commitment to Brunel private debt portfolio, according to documents seen by Creditflux

Pitching your structured credit fund: the three golden rules
Structured credit fund managers were given a lesson in how to market their strategies by a group of asset allocators at the Creditflux CLO Summit in New York.

Green credit programme reaches €253 million at first close
A green credit continuum programme, launched by Amundi and the European Investment Bank (EIB), held its first close at €253 million