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

Pemberton pulls in €3.2 billion for European direct lending fund
Pemberton has closed its second European direct lending fund at €3.5 billion, exceeding its original €2.5 billion target size, and has deployed 70% of the capital

US pension scheme eyes 50 South Capital fund of funds
50 South Capital Backed Credit Fund II, a fund-of funds vehicle, is set to invest in four loan funds in small and medium size companies, according to documents seen by Creditflux  

Carval fashions 'flexible' global multi-strategy credit hedge fund
The open-ended fund will focus on non-control strategies including corporate securities, liquidations, loan portfolios and structured credit 

Boston-based pension backs Searchlight distressed fund
Cambridge Retirement System, the $1.27 billion pension fund, has committed $150 million to Searchlight Capital Partners III during the second semester of 2019, according to documents seen by Creditflux.  

Local connections pay off as UK pension backs Tosca
Tosca Debt Capital has begun marketing Tosca Debt Capital Fund III and secured a commitment from the Greater Manchester Pension Fund, according to documents seen by Creditflux

Credit funds contribute to Hamilton Lane’s AUM growth
Hamilton Lane has announced its assets under management and advisement has hit $473 billion as of June. This comes shortly after it closed a credit fund and begun marketing another one

Barings raises €1.5 billion for European direct lending
Barings has held a close for its latest European direct lending fund, receiving €1.5 billion of capital from over 45 institutional investors