Prestige launches new asset-based direct lending fund
The new fund will lend to agricultural and SME businesses across both the UK and the Republic of Ireland

NNIP unveils European sustainable infra debt fund
The fund aims to build a diversified portfolio of investment grade quality infrastructure debt across Europe 

ICG hits €4 billion target for European private debt fund
Intermediate Capital Group has hit its €4 billion fundraising target for its seventh European private debt fund, according to the firm’s semi-annual results

Korean pension fund commits €80 million to European direct lending
The Government Employees Pension Service (GEPS), the €7.7 billion Korean pension fund, has selected Alcentra and BlueBay Asset Management for two commingled blind funds, according to an announcement notice seen by Creditflux.  

Muzinich's Italian arm launches novel direct lending fund
Sources say that Muzinich will build a truly diverse loan portfolio for its Italian direct lending fund

MV Credit raises €803 million for credit fund following Natixis acquisition
MV Credit, formerly known as Mezzvest, has held a final close for its fourth private credit fund with €803 million capital commitments

Fixed income heads join forces to launch macro credit fund manager in London
Resco Asset Management, a new asset manager based in London, has launched and set about marketing its debut fund: Resco Macro Credit Fund

Triton draws $167 million of inflows for European opportunistic debt fund
Triton Partners has raised at least $167 million for its second debt fund, Triton Debt Opportunities Fund II

Tikehau pairs with Groupama for French and European SME debt fund
The new vehicle is anchored by European Investment Fund 

US pension commits $100 million to Apollo's hybrid private credit/private equity fund
Pennsylvania State Employees’ Retirement System has mandated $100 million to a multi-strategy fund managed by New York-based Apollo Global Management

KSL holds $671 million close for second travel and leisure credit fund
KSL Capital Partners has held a final close for its second credit fund with $671 million in capital commitments

Silverpeak looks to put together listed CLO equity fund
Silverpeak's CLO-focused fund will primarily invest in CLO equity and be listed on the New York Stock Exchange

Amundi nurtures green growth with credit fund
The Paris-based manager is looking to raise a green-focused credit fund, according to documents seen by Creditflux

RiverRock prepares €1 billion European senior loan fund
Direct lender RiverRock European Capital Partners is targeting €1 billion for its latest European loan offering, Creditflux understands.

Pimco launches latest ESG-focused credit offering
Pimco has launched its latest environmental, social and governance (ESG) fixed income offering - GIS Global Investment Grade Credit ESG Fund.

LRI teams up with Aggregate to launch €500 million real estate debt fund
LRI Group has teamed up with Aggregate Debt Advisory to launch a €500 million real estate debt fund

Direct lenders flock to Munich as German deal flow picks up
German private debt is attracting a growing number of fund managers. Market sources say that deal flow through the first half of the year was at 65% of 2017’s total and had surpassed the number of private debt deals executed by funds in each of the previous five years

Axiom puts tranches at core of push into synthetic credit
Axiom Alternative Investments is set to target both index and bespoke tranches with the launch of Axiom Synthetic Credit Opportunity Fund.

Alaska pension fund puts $123 million to work following $1 billion credit platform launch
Alaska Permanent Fund Corporation (APFC) has made a $123.3 million commitment to a European direct lending fund

Kommunalkredit builds €190 million first close for infrastructure debt fund
The fund anticipates to hold a final €250million close before year end

M&G targets £250 million for UK-listed multi-strategy credit fund
M&G is targeting £250 million (£328.6 million) for a new closed-end investment trust, which will be listed in the UK

Laxfield increases size of UK debt fund to £750 million
Laxfield Capital, a UK-based real estate debt firm, has upsized the size of its real estate debt fund Laxfield LLP to £750 million ($986 million)

BlackRock becomes latest manager to explore interval fund structure for credit
Several managers have hit the market with the interval fund structure, as investors look to invest in illiquid strategies through an illiquid fund structure

Four private credit managers score as Arizona pension fund commits $250 million
The $9.78 billion pension fund has mandated nearly $250 million to four private credit managers, alongside additional commitments for co-investment opportunities 

Louisiana pension fund assigns $200 million to DoubleLine and GoldenTree
Louisiana State Employees' Retirement System has allocated to distressed debt and mortgage credit funds run by two experienced asset managers