ECM to run new €100 million investment grade credit fund
Wells Fargo Asset Management says that it has raised a new investment grade credit fund which will be managed by its ECM Asset Management unit

Permira holds final close on direct lending fund after attracting new investors
Over half the investors in Permira's new direct lending fund are new relationships with manager revealing that PCS 3 has reached €2.1 billion including leverage

GoldenTree squares up for huge credit interval fund launch
GoldenTree Asset Management has partnered with a retail distribution giant on the latest example of a credit interval fund, according to SEC filings

Alcentra teams with Steadfast for $3 billion global mid-market strategy
Steadfast Capital Markets Group and Alcentra have announced the launch of a new credit fund, which will lend to companies in the US and western Europe

Partners Group tops €1 billion for new multi-asset credit programme
Partners Group says that it has raised €1 billion for what it describes as a multi-asset credit programme

Permira nears final close on new direct lending fund
London’s Permira Debt Managers is edging closer to a final close on its latest direct lending fund, according to an article by Unquote

Sound Point targets Italian mid market for special situations fund
Sound Point Capital Management is understood to be targeting between $200 million and $300 million for a new European credit hedge fund

Alcentra and reit specialist Steadfast team up for fund
Alcentra has launched a new retail fund in the US to invest in mid-market credit

Standard Life unit looks to put money to work in European direct lending
SL Capital has opened for business in private debt with officials at the company confirming that they have started with €270 million of capital to lend to privately-owned European borrowers

Muzinich brings in €180 million for new European private credit fund
Muzinich has held a first close on a pan-European private debt fund with €180 million in commitments

Ivy wraps around PineBridge for new high yield credit fund
Fund operator Ivy Investment Management Company has announced that it has partnered with PineBridge Investments to produce Ivy PineBridge High Yield Fund

West coast pension fund boosts its allocation to Halcyon’s credit business
A major west coast pension allocator to credit has moved to increase its allocation to Halcyon Capital Management after separate account generated 35% return in 2016

EM specialist Stratton Street launches two Ucits credit funds
London-based emerging markets and sovereign credit specialist Stratton Street Capital has become the latest manager to move into the Ucits credit business

Eaton Vance targets global credit with new Ucits fund
Eaton Vance Management has announced the launch of Global High Yield Bond Fund

Ares wins $1.1 billion in global direct lending SMAs in strong start to 2017
Direct lending proved to be Ares Management’s most successful strategy in fundraising terms with the firm registering $1.1 billion of inflows for European and US private debt in the first quarter

Fund manager sees global appeal for new $2 billion energy lending fund
EIG welcomes commitments from non-US based investors for its new direct lending fund

Nordic asset manager launches debut private credit fund
A Helsinki-based manager has partnered with MV Credit Partners for its debut direct lending fund

JP Morgan credit specialist set to join large credit manager in London
An experienced banker is leaving the leveraged finance desk at JP Morgan ahead of a move to the buy side. He is set to be involved with his new employer's upcoming direct lending fund

Credit manager bucks the trend by shifting into private equity
A host of private equity firms are planning direct lending funds, but one direct lender is moving in the opposite direction  

Värde closes latest fund at $1.7 billion
Credit manager Värde Partners has raised $1.74 billion for its latest fund, Värde Fund XII