Fundraising's a hoot for Owl Rock as its BDC reaches $4.6 billion
New York-based Owl Rock has raised $4.6 billion since March 2016 for its mid-market debt fund, a regulatory filing reveals.

TCA global credit fund benefits from inflows
TCA's Global Credit Fund has grown by $37.5 million in 12 months, bringing its total to $131.1 million

Palisades raises $26 million for new credit fund
West coast manager Palisades Investment Partners is fundraising for a new credit fund

Goldman Sachs and KKR private credit funds win Korean investors
Korea Post has decided to commit $200 million to a new mezzanine debt fund from Goldman Sachs and $100 million to KKR Credit’s global mezzanine fund, according to local media reports

Bain Capital raises $557 million for Asia credit fund
Bain Capital has held the first close of its Asia credit fund, known as Bain Capital Special Situations Asia – and has already raised $557 million for the fund

Former Anchorage pair seek investment in two new Diameter funds
Credit start-up Diameter Capital Partners, founded in February by two credit professionals from Anchorage, has opened two new funds to investment

BC Partners makes rapid progress as it closes in on new credit fund and SMA
Market sources say that BC Partners is making a swift entry into the credit markets with the private equity firm close to raising $700 million

Dakota pension fund awards $300 million to asset management giant
Dakota pension fund cuts MBS exposure to make space for an investment in a coporate bond fund

Arizona retirement trust ups its private debt allocation by $75 million
The Arizona Public Safety Personnel Retirement System (PSPRS) is set to up its private debt allocation, committing up to $75 million to a New York-based manager.

GS Mezzanine Partners raises $725 million in three weeks  
GS Mezzanine Partners, the lending arm of Goldman Sachs, has collected at least $725 million for its new fund, GS Mezzanine Partners VII

Vanguard unveils plans to launch ETF of ETFs
The investment management giant filed a preliminary registration statement for the fund, which is expected to launch in the fourth quarter

New England pension to invest $100 million in new Tennenbaum fund
The Maine Public Employees Retirement System (MainePERS) plans to invest up to $100 million in the upcoming Tennenbaum direct lending fund

Steadfast-Alcentra fund commences operations and plans new share offerings
A new Steadfast credit fund managed by Alcentra has admitted its first shareholders and is seeking to expand its share class offerings, filings show.

Apollo's total return credit platform makes huge strides with $1.8 billion of inflows
Apollo's credit business increased by $10.3 billion in Q2 and total return credit is quickly becoming a key component of this credit platform

Davidson Kempner raises $670 million for upcoming distressed debt fund
New York's Davidson Kempner is 67% of the way towards its target, sources say, as it markets its latest distressed debt fund

US pension fund agrees $200 million investment in new GSO distressed fund
GSO Capital Partners has got off to a strong start as it markets a new distressed debt fund. There are signs that the multi-billion offering is being sold in South Korea

Thoma Bravo markets its debut credit fund
Private equity firms continue to be drawn towards opportunities in the credit markets. This time its Thoma Bravo, with the US firm seeking $750 million for a new credit-orientated fund

Direct lender launches new fund as investors acquire a taste for restaurant loans
Institutional investors are hungry for niche direct lending strategies it seems with CapitalSpring announcing that it has raised $725 million for a fund that will invest in the restaurant industry. Creditflux data shows that some of the largest direct lenders have between them raised $9.1 billion in recent months

Direct lending growth spurs Ares's AUM above $100 billion
Yet again credit and, more specifically, direct lending is proving to be the driving force behind Ares Management’s growth

Carlyle raises $1 billion for credit opps and structured credit funds
Carlyle Group’s has reiterated over the last several months that it sees huge potential in the credit market, and it is now experiencing joy on the fundraising trail

KVK launches opportunistic hedge fund to target unloved CLO assets
Funds that live by a rigid set of guidelines (such as CLOs) are being targeted as a source of assets by opportunistic managers

Monroe moves into special situations credit after hiring from Melody
US middle-market lender Monroe Capital is expanding into special situations credit

Time-saving hedge fund platforms stop opportunities evaporating
Lengthy commitment periods and drawn-out negotiations between institutional investors and fund managers could be a thing of the past thanks to a wave of multi-manager hedge fund platforms

Oaktree finds space for structured credit in new global credit fund
Oaktree Capital Management has shed some light on its eagerly-awaited push into the structured credit market

KKR Credit's upcoming direct lending fund surpasses $600 million
Fundraising for direct lending strategies is firmly on the agenda at KKR