Princely Family of Liechtenstein’s LGT raises USD 2.17bn for latest credit fund
Royal family-owned LGT Capital Partners has successfully fundraised USD 2.17bn for its evergreen credit fund, according to an SEC filing  

DE Shaw closes on USD 1bn opportunistic credit fund
Alkali Fund VI is a closed-end fund targeting opportunistic investments across corporate debt, structured credit, synthetic securitization and other specialty investments

Credit funds at a glance
Emerging markets, structured finance and US high yield outperform, plus our tables of recent credit hires and recent fundraising

Credit funds at a glance
Credit funds at a glance

Ares second Pathfinder credit fund nears $5 billion target
Ares raised an additional $1.8 billion in 2Q23 for asset-backed fund

KKR plans asset-based fund
KKR Asset-Based Income Fund will take a 'multi-sector' approach, investing across consumer finance, mortgages, small-medium sized enterprises, hard assets, infrastructure and contractual cash flows

Pimco eyes CLOs as part of new flexible credit interval fund
Pimco is preparing to launch a new closed-ended, non-listed interval fund, named Pimco Flexible Corporate Income Fund, which will invest at least 80% of assets in corporate debt across public and private credit markets

Credit funds at a glance (April 2023)
A round up of people moves and fundraising

Ares targets $5 billion for second credit 'Pathfinder' strategy
Ares says it is finding relative value in FinCo loans, rescue financing, asset portfolios and residential mortgages and is monitoring opportunities in CLO tranches

Nomura's private capital unit launches credit interval fund
Nomura Alternative Income Fund has a flexible allocation across private and public credit sectors, depending on relative value opportunities

Credit funds at a glance (February 2023)
A round up of people moves and fundraising

BC Credit targets $1.25 billion for third opportunistic credit fund
BC Partners Credit plans to deploy half the fund in private lending and structured equity opportunities and the other half in specialty lending and dislocated liquid credit deals

LA pension awards $675 million to illiquid credit managed account
The strategy will invest across asset-backed credit, loans, bonds, and specialty finance

Credit funds at a glance (December 2023)
A round up of fundraising and people moves in credit

VSS exceeds target to close mixed debt and equity fund at $530 million
VSS Capital Partners has announced the final close of its mixed debt and equity vehicle named VSS Structured Capital Fund IV at $530 million, exceeding its target fund size of $400 million

LP round up: 27 managers find the top corner with investor wins
Credit fund managers like to take it one fund at a time and give it 110% for their 90-minute investor fund pitches - and it's working as $3.8 billion was allocated during November and early December. The gaffer would be proud. 

400 Capital raises $580 million for third asset backed credit fund
400 Capital Management has closed its third asset backed fund 400 Capital Asset Based Term Fund III at $580 million

San Bernardino pension commits $50 million to CLO fund as part of multi-credit strategic partnership
San Bernardino County Employees’ Retirement Association allocated $50 million to a CLO equity fund, as part of a roughly $240 million multi-credit strategic partnership with the manager

BlackRock launches impact bond fund
BlackRock has launched a fixed income fund focused on green, social, and sustainable bonds as well as ‘impact’ MBS and municipal investments

Angel Oak launches second structured credit ETF in a month
Angel Oak Capital has launched it second structured credit exchange traded fund in a month

Credit funds at a glance (November 2022)
A round up of fundraising and people moves in credit

Angel Oak launches inaugural structured credit ETF
Angel Oak Capital Advisors has launched its first exchange traded fund, Angel Oak UltraShort Income Fund ETF

Credit funds at a glance (October 2022)
A round up of fundraising and people moves in credit
 

   

Nomura readies multi-strat credit interval fund launch
Nomura Private Capital is readying the launch of a new, closed-ended interval fund which will invest across the credit spectrum - including bonds, loans, CLOs, distressed debt emerging market debt

LP round up: private credit takes big slice of inflows as 10% portfolio share projected for 2026
Institutional investors revealed nearly $4 billion allocations to credit funds in July, with recipients including Angelo Gordon, Apollo, Ares, BlackRock, Brookfield, CarVal, Comvest, Deerpath, KKR, Schroders and Sixth Street