Allianz holds €500 million first close on private credit fund of fund
The vehicle, which has a €1.5 billion target, invests jointly with Allianz

Credit funds at a glance (September 2021)
A round up of fundraising and people moves in credit

Credit Fundraising: Blue Owl and WhiteHorse gain from improving animal spirits
Fundraising perked up in July as managers raised $14.9 billion for credit funds - the third highest monthly amount this year

Credit funds at a glance (August 2021)
A round up of fundraising and people moves in credit

King Street raises $1.2 billion for first global credit drawdown fund
The fund will target distressed and stressed corporate debt, structured products, and asset-backed investments, as well as claims and claim-related opportunities

Northleaf closes global private credit fund with $1.2 billion deployable capital
Northleaf Capital Partners has raised more than $900 million for its second private credit strategy, Northleaf Private Credit II 

Credit funds at a glance (July 2021)
A round up of fundraising and people moves in credit

Credit fundraising: managers take care of infrastructure with new partnerships
Credit managers were busy launching new partnerships to support growth in infrastructure and CLOs. There were 13 announcements in the month paving the way for upcoming funds, platforms, and joint ventures

Marathon targets $300 million for inaugural healthcare credit fund
Marathon Asset Management is targeting $300 million for a credit fund focused solely on healthcare loans

Stepstone wins €215 million private debt mandate from Italian pensions
A consortium of Italian DC pension funds have allocated the capital to a private debt fund of funds under the name Project Zefiro

CarVal exceeds target with $3.6 billion distressed credit fund
CarVal will invest in distressed credit including acquiring loan portfolios, investing in corporate securities, structured credit and hard assets

Manager targets $450 million for global CLO fund
A New York pension has backed the fund, which will invest in CLO debt and equity tranches and is said to have held a first close in Q1

Credit fundraising: Audax scores big in lighter month
Fundraising markedly dropped in May, but credit funds still amassed $12.8 billion and 10 credit funds reached final closes across a variety of different strategies

Credit funds at a glance (June 2021)
A round up of fundraising and people moves in credit

HarbourVest closes $833 million credit opportunities fund
HarbourVest Credit Opportunities Fund II will target a 13-16% net internal rate of return with a portfolio of around 70% credit and 30% equity

CPPIB reveals $600 million in credit investments across France, India and US
Canada Pension Plan Investment Board has revealed $600 million in credit allocations to three managers

PE firm HG targets up to $1 billion for credit fund to invest in its portfolio companies
Documents show HG's Titan 1 will allow investors to capture the returns that have historically gone to third-party credit investors 

Canadian pension Imco allocates $500 million to Ares
Investment Management Corporation of Ontario has revealed a $500 million allocation to a large credit manager that includes $400 million to a fund-of-one

Schroders and Oaktree launch global credit ucits fund
Schroders has partnered with Oaktree Capital Management to launch a global multi-strategy credit fund, Schroder GAIA Oaktree Credit fund, which will sit within Schroders' alternatives ucits platform

BlackRock holds $940 million first close on global private debt fund designed for UK pensions
BlackRock has collected $940 million on a first close of its new private debt fund BlackRock Diversified Private Debt Fund 

LP round up: $3.2 billion flows to 21 managers as private credit illiquidity premium holds firm
Investors allocated at least $3.2 billion to credit managers in April - and direct lending funds were in favour with Churchill and Ares being awarded two mandates

Credit funds at a glance (May 2021)
A round up of fundraising and people moves in credit 

Credit fundraising: three massive European direct lending funds notch up €17.6 bn
Fundraising figures continued upwards in April as just over $24 billion was raised for credit funds, alongside $3.2 worth of allocations to credit managers. Nine funds held final closes including the largest European direct lending fund raised to date

Toronto-based Whitehorse Liquidity hits $4 billion hard cap on liquidity solutions fund
Whitehorse Liquidity Partners Fund IV provides liquidity solutions to private equity-style fund investors and managers

Credit fundraising: Goldman Sachs direct lending fund takes March figures to $23 bn
Credit funds sprung forward in March as $23 billion was raised alongside $2.6 billion worth of allocations to credit managers.