MidOcean Partners closes USD 765m opportunistic credit fund
MidOcean's latest direct lending strategy focuses on lending to mid-sized stressed, distressed and dislocated performing businesses.

SFERS commits another USD 75m to private credit
The San Francisco City & County Employees' Retirement System's latest commitment to private credit comes in the form of a USD 75m allocation

Guggenheim closes USD 1.2bn private credit vehicle
Guggenheim Investments has closed a USD 1.2bn levered private credit vehicle backed by Apollo

Iowa-based manager launches new direct lending interval fund
A new direct lending interval fund has been launched with a strategy that focuses on lending to lower and core middle market companies

Funds round up: May 2024
The demand for SRT strategies and special situations funds are on the uptick, as is the demand for managers and funds outside of North America. 

Sagard targets North American middle market opportunities with new senior lending fund - partner
Sagard, a Power Corporation of Canada alternative asset investment platform, will provide first-lien financing to lower middle market and middle market US and Canadian companies

GSAM raises USD 21bn for large-cap private credit
Goldman Sachs Alternatives announced on Wednesday that it had raised more than USD 20bn for large-cap private credit investments

Montana Board of Investments makes USD 75m commitment to private credit
The Montana Board of Investments has allocated USD 75m to a San Francisco-based direct lending fund

New York pension system makes USD 500m commitment to credit secondaries
The New York State Common Retirement Fund has revealed its latest allocations in its March monthly transaction report, and private credit was one of the big winners

Apollo raises funds for special sits
Apollo Management has pushed ahead with its plans to raise funds for the second iteration of its credit special situations fund

Golub raises USD 2bn for sixth credit opportunities fund
Golub Capital has held the final close of the sixth vintage of its credit opportunities fund, raising USD 2bn

US pension fund makes fresh USD 250m allocation to private credit
A US pension system has recently disclosed hundreds of millions of commitments to alternative funds, including USD 250m for private credit

Massachusetts retirement system looks for private credit manager
A Massachusetts-based pension system is searching for a manager as it looks to join the growing list of pension systems opting into private credit investments. 

New Mexico pension system approves USD 150m top-up to distressed debt fund
The New Mexico State Investment Council continued to pump money into credit alternatives on Tuesday, as the board approved its latest commitment