London direct lender seeks more than €1 billion for strategic credit fund
According to a market source, Pemberton's latest strategc credit fund is aiming to raise at least as much as its inaugural fund, which last year raised €1.2 billion from 27 investors

Wisconsin pension fund commits to PE firm's debut credit strategy
A Houston-headquartered asset manager has recieved a $50 million commitment for its inaugural credit fund, which has a target size of $225 million

Texas pension fund allocates $100 million to direct lender's upcoming fund
Boston-based Summit Partners has received a $100 million commitment for its third credit fund – Summit Partners Credit Fund III – by a Texas pension fund

Private debt manager makes multi-million dollar sales for third credit opps fund
Private debt manager Park Square has made significant sales for its Capital Credit Opportunities III fund over the course of a year, regulatory filings indicate

Infrastructure manager raises $6.5 billion in equity and debt mandates
Global infrastructure manager IFM Investors raised $6.5 billion in infrastructure equity and debt globally between 1 July 2016 and 30 September 2017

BlueBay fund loses over $50 million in 18 months
BlueBay’s Credit Alpha Long Short fund strategy has shrunk by over $50 million since May 2016, Creditflux understands

Boston manager launches direct lending fund
Private equity firm Summit Partners appears to have launched its third credit fund, believed to be a direct lending fund

US real estate lender launches fourth credit fund
Commercial real estate finance company Acore Capital has launched a new credit fund but has not yet made any sales on the product, regulatory filings suggest

Alcentra global credit strategy launches US feeder fund
Alcentra has launched a new US feeder fund for its Global Multi-Credit Solutions strategy, a regulatory filing indicates

KKR Credit wins US pension fund's $300 million private debt mandate
KKR credit has won a mandate from an Iowa pension fund to act as its private corporate debt strategic partner, board documentation seen by Creditflux reveals

KKR and Audax poised to receive commitments from Arizona pension fund
Arizona’s Safety Personnel Retirement System may commit $175 million to credit strategies run ky KKR and Audax, according to board documents seen by Creditflux

Manager adds to its private credit team and holds final close on new fund
Toronto-based Northleaf Capital Partners has announced the final closing of its global private credit fund, as well as two senior hires from Bain and HIG Capital in Chicago

Athyrium and Neuberger Berman announce $2 billion close of healthcare fund
A healthcare-focused asset manager has announced announce the closing of Athyrium Opportunities Fund III, which is subadvised by NB Alternatives Advisers, the advisor to Neuberger Berman’s private equity business

US direct lender announces first close at $275 million after Oaktree backing
Direct lender Runway Growth Credit has announced the successful closing of its $275 million initial equity capital raise, including a $139 million commitment from Oaktree

CLO fund manager launches flagship credit strategy with $250 million target
A credit manager launched by a former UBS head has launched its flagship fund, with a target raise of $250 million, according to an investor letter seen by Creditflux

Pennsylvania pension fund commits $100 million to US direct lending
A Pennsylvania pension fund has approved $175 million in new commitments to asset mangers, including $100 million to a credit fund run by Brightwood Capital Advisors

US pension scheme puts $100 million into top-performing CQS fund
A multi-strategy credit fund run by CQS has earned a $100 million commitment from a US pension fund

Maryland pension poised to invest $150 million with Minnesota manager
The Maryland State Retirement and Pension System has committed to invest $150 million with the Castlelake V fund, a market source confirms

Two Benefit Street credit funds close at hard cap
Benefit Street Partners has announced the final closing of its fourth flagship fund, Benefit Street Partners Debt Fund IV, as well as a close of its inaugural Benefit Street Partners Special Situations Fund

SkyBridge unveils $129 million of new investments with two firms
Two of the New York manager's fund of funds switched up their holdings in third quarter 2017, investing about $129 million collectively in two funds while apparently dropping four others between them

East coast manager with niche focus raises $100 million for new credit fund
A New Jersey asset management firm with a focus on the “life-contingent” asset class has launched a new credit fund

London manager closes third credit fund at €459 million
Rothschild Credit Management has announced the final close of its third credit investment fund at €459 million

US private equity firm markets its debut credit fund
After hiring a head of credit in January, a US fund manager has started marketing a $300 million direct lending vehicle

BNY Mellon launches multi-asset vehicle to be subadvised by Pareto
The BNY Mellon Insight Broad Opportunities fund will invest in a broad range of asset classes, including equities, fixed income, currencies, real estate, listed infrastructure and commodities

Angel Oak CMV plants seed for newly risen CLO market
Atlanta-based manager Angel Oak Capital is looking to fertilise the budding market for CLOs backed by subordinated bank debt