Newly formed Italian asset manager launches direct lending fund
Equita Capital is seeking a first close of its second private debt fund by February 2020, Creditflux has learnt. The fund is understood to have an ESG focus  

BlueBay launches CLO fund with seed capital from parent RBC
Sources say the strategy launched earlier this year via an Irish fund structure with seed capital provided by BlueBay’s parent company, RBC

Mirabaud to launch emerging debt fund with fixed term
Mirabaud Asset Management has announced the setup of a new fixed maturity emerging markets debt strategy, available for euro-based investors  

JP Morgan AM closes first special situations fund
JP Morgan Asset Management has held a final closing for its first special situations fund, with more than 50% of investors backing the fund to be first-time investors in a JP Morgan Alternatives fund

Crestline bags $360 million for inaugural European opportunities fund
Crestline Investors has held a final close on its inaugural European special situations fund, Crestline Opportunity Fund III Europe, at $360 million, surpassing its original $300 million target size

Italian private bank partners with Tikehau for private asset fund with ESG focus
Italian private bank Fideuram Investimenti has launched a private markets fund that gives investors access to private debt, among other asset classes  

UK pension hires BNP Paribas AM for starring role in core-satellite private credit fund
UK pension fund Nest has appointed BNP Paribas Asset Management to run the core of a private credit fund, sources say, in an arrangement which sees Amundi and BlackRock manage certain satellite investments  

DWS holds €350 million first close for inaugural direct lending fund
DWS has garnered €350 million on the first close of its inaugural European direct lending strategy, according to an announcement by the firm

Russell and Mediobanca launch multi-asset fund with CLO allocation
Mediobanca Private Banking has joined forces with Russell Investments to set up a fund that has a 20% allocation to credit, sources say  

Njord closes second European special situations fund at €271 million
Njord Partners has closed its second special situations fund, Njord Partners Special Situations Fund II, at €271 million

Partners Group brings global private debt strategy to Australian retail investors
Partners Group has bolstered its private debt offering to retail clients, collecting AUD550 million for a private debt offering which has been listed on the Australian Securities Exchange.

Veteran Ulmer targets array of private credit for new firm
Andrew Ulmer, who led the structured finance expansion at Brevan Howard, has resurfaced with his own asset management company, 1543 Capital, according to documents seen by Creditflux.

Federated's US and European businesses launch high yield impact funds
Federated Investors, Hermes Investment Management and UBS have joined forces to launch new high yield credit funds, which are in line with the United Nations Sustainable Development Goals (SDG) framework. The vehicles take the form of a Ucits offering and a mutual fund

Fair Oaks launches new fund targeting senior CLO paper
Fair Oaks Capital has launched a Ucits fund targeting triple and double A CLOs, according to market sources

Allianz GI launches impact private debt and equity fund
The fund, which adds to its €6 billion assets under management of impact investments, will target a 5% to 7% internal rate of return 

Pictet adds emerging market debt fund with ESG focus
Pictet Asset Management has added to its emerging market debt fund suite with the launch of a Luxembourg-domiciled mutual fund

Schelcher nears €300 million first close of European direct lending fund
The strategy - mainly focused on France - has recieved a €40 million commitment from the European Investment Fund

Connection backs European CLO fund
Connection Capital has invested €5.2 million in the new CLO fund raised by Permira Debt Managers  

AnaCap hits €1 billion hard cap for European credit opps fund
AnaCap Financial Partners has exceeded its €750 million target size for AnaCap Credit Opportunities IV

Permira launches European CLO fund and starts with secondary market investments
Permira Debt Managers has closed its fifth structured credit fund, Sigma V, which will invest in junior tranches of European CLOs

BlueBay launches global leveraged finance fund
BlueBay Asset Management has launched a global leveraged finance fund that is able to allocate towards high yield bonds, leveraged loans, structured credit and investment grade assets

Beechbrook rolls up sleeves and begins fundraising
Beechbrook Capital is aiming to start fundraising for its fourth European sponsored debt fund in the fourth quarter. But the firm will take a slightly different approach to its previous funds.

Amundi unveils ESG-focused multi-asset fund
The launch of the Amundi Funds Multi-Asset Sustainable Future fund is driven by the increasing importance of ESG investing and conservative portfolios, says the firm

Capital Four holds final close on nordic direct lending fund
The Copenhagen-based manager has held an €343 million final close for its latest private debt fund, according to market sources

RiverRock launches direct lending fund in partnership with European bank
RiverRock has launched a European direct lending fund in which it has signed an exclusive co-investment agreement with a bank