Cheyne raises $400 million YTD for corporate credit fund
Cheyne Capital’s 15-year investment grade corporate credit programme continues to grow its assets – with its 2022 vintage raising over $400 million from investors this year

Chenavari fund swells assets by $72 million following relaunch
Chenavari has grown assets of a long/short credit vehicle by more than $70 million following the vehicle’s relaunch last year, its co-manager says

Apollo teams up with Palmira to launch €1 billion joint venture
A new joint venture from Palmira Capital Partners and the Apollo European Principal Finance Fund III seeks to invest more than €1 billion in pan-European modern logistics facilities

Marathon fund doubles assets in six months
Marathon's Emerging Markets Bond Fund substantially increased its assets between March and September – more than doubling its AUM, according to estimated figures

Bain takes new route to NPL acquisitions as it strikes deal with Liberbank
Bain, Oceanwood and Liberbank are taking part in an unusual NPL deal referencing €602 million of assets

BNP Paribas vehicle raises €110 million in one month
The BNP Paribas Short-Term European Securitisation Fund has raised €110 million in just one month after picking up a triple A rating

Kartesia closes fourth credit opportunities fund at €870 million hard cap
European direct lender Kartesia has announced the final closing of its fourth fund at €870 million

Finnish firm to launch €300 million European direct lending fund of funds
Finnish firm Certior Capital is set to raise a new fund of funds with a hard cap of €300 million, company officials confirm

Hermes wins $400 million mandate to show investing ethically really is worth it
Hermes Investment Management has won a $400 million mandate to oversee a global high yield credit portfolio on behalf of Swedish pension fund giant Första AP-Fonden (AP1)

AEW and Natixis AM raise another €100 million for real estate debt fund
AEW and Natixis Asset management, both affiliates of Natixis Global Asset Management, have completed a third closing of Senior European Loan Fund II (Self II) following commitments from institutional investors in France, Germany and Italy

Principal and Finisterre team up to launch emerging market Ucits fund
Multi-boutique asset management firm Principal Global Investors has launched an unconstrained emerging markets fixed income Ucits that will be managed by its subsidiary, Finisterre Capital

KKR's private credit fund fund targets Hong Kong and now South Korea
KKR has raised $301.1 million for its KKR Private Credit Opportunities Partners II (EEA) LP fund, which appears to be targeting Asia-based investors

Paris-based direct lender launches institutional fund with €300 million target
Paris-based direct lender Idinvest has announced the launch of new large-scale institutional fund that will lease industrial assets to SMEs

Credit fundraising hits $11.1bn in September
$11.1 billion was raised for credit-orientated strategies in September, according to Creditflux’s fundraising tracker. Just over half of this ($5.6 billion) comes from direct lending funds

EIB unveils €300 million lending programme for Irish business
The European Investment Bank (EIB) has announced a new €300 million long-term lending programme aimed at supporting mid-cap companies in Ireland

Local Pensions Partnership looks to go direct with £1.3 billion credit fund
The Local Pensions Partnership (LPP), which runs the pension schemes of two separate UK local government areas, has announced the launch of a £1.3 billion ($1.7 billion) credit fund

London-based Signal raises €725 million for credit and real estate funds
London-based private asset management firm Signal Capital Partners has raised €725 million with an investment strategy targeting credit and real estate special situations

Alcentra raises €690 million for closed-end credit fund
BNY Mellon subsidiary Alcentra has closed its Clareant Strategic Credit Fund with sales of €690 million. The vehicle, which originally had a target size of €500 million, is dedicated to opportunistic investing in the loans, bonds and structured credit of European companies

Neuberger keeps up private credit momentum as it markets new fund
Neuberger Berman is marketing its latest private credit strategy, with the firm launching Neuerger Berman Private Debt Fund III

Danish manager lists two new CLO-focused funds with assets of €74 million
Danish asset manager Accunia has listed two new alternative investment funds on the Copenhagen stock exchange

Candriam launches €107 million global bond fund
European asset manager Candriam has launched a €107 million total return bond fund that invests in sovereign bonds, corporate credit and currencies across both developed and emerging markets

Davidson Kempner raises $1.75 billion for distressed debt fund
Davidson Kempner has raised $1.75 billion for a new fund focused on distressed investments, Creditflux has learned

Europa hires former Barclays pair as it launches UK real estate debt fund
Europa Capital has launched a UK debt vehicle and appointed two former Barclays specialists as consultants

Axa IM puts money to work in the US as it closes global real estate debt fund
AXA’s real estate investments arm has closed its 10^th commercial real estate senior debt fund after achieving its capped target of €1.5 billion

Schroders debuts its first UK infrastructure debt fund
Schroders has announced the launch of its UK Infrastructure Debt fund, which will target investment from UK pension funds and insurance companies