Amundi unveils ESG-focused multi-asset fund
The launch of the Amundi Funds Multi-Asset Sustainable Future fund is driven by the increasing importance of ESG investing and conservative portfolios, says the firm

Texas pension awards $150 million to first distressed debt commitment this year
Texas County & District Retirement System (TCDRS) has awarded $150 million to global distressed debt fund, Davidson Kempner Long-Term Distressed Opportunities Fund V

Capital Four holds final close on nordic direct lending fund
The Copenhagen-based manager has held an €343 million final close for its latest private debt fund, according to market sources

RiverRock launches direct lending fund in partnership with European bank
RiverRock has launched a European direct lending fund in which it has signed an exclusive co-investment agreement with a bank

Pemberton pulls in €3.2 billion for European direct lending fund
Pemberton has closed its second European direct lending fund at €3.5 billion, exceeding its original €2.5 billion target size, and has deployed 70% of the capital

Minnesota pension slates $100 million for private credit
The pension fund has so far allocated $2.4 billion to private credit across 12 managers and 25 funds

Saratoga picks up its second SBIC license
Saratoga Investment Corp has received approval for another Small Business Investment Company (SBIC) license

Amundi Pioneer initiates marketing for structured credit interval fund
Amundi Pioneer Asset Management, a wholly owned subsidiary of Amundi, is in the market with a structured credit interval fund

Bain garners $973 million for middle market fund
Bain Capital Credit has garnered $973.4 million its latest US direct lending mezzanine strategy, Bain Middle Market Credit 2018

Structured credit manager wins $300 million from Texas pension
The separately managed account will form part of the $30.3 billion pension fund's strategic credit mandate 

Corbin eyes non-sponsored loans for inaugural private credit funds of funds
The New York-based fund-of-funds manager plans to target a private credit portfolio of around 125-150 loans across six to eight managers that focus on non-sponsored lending

US pension scheme eyes 50 South Capital fund of funds
50 South Capital Backed Credit Fund II, a fund-of funds vehicle, is set to invest in four loan funds in small and medium size companies, according to documents seen by Creditflux  

Carval fashions 'flexible' global multi-strategy credit hedge fund
The open-ended fund will focus on non-control strategies including corporate securities, liquidations, loan portfolios and structured credit 

Boston-based pension backs Searchlight distressed fund
Cambridge Retirement System, the $1.27 billion pension fund, has committed $150 million to Searchlight Capital Partners III during the second semester of 2019, according to documents seen by Creditflux.  

Local connections pay off as UK pension backs Tosca
Tosca Debt Capital has begun marketing Tosca Debt Capital Fund III and secured a commitment from the Greater Manchester Pension Fund, according to documents seen by Creditflux

Credit funds contribute to Hamilton Lane’s AUM growth
Hamilton Lane has announced its assets under management and advisement has hit $473 billion as of June. This comes shortly after it closed a credit fund and begun marketing another one

New York Life brings in $495 million for credit fund
New York Life Investors has pulled in nearly $500 million for Madison Square Structured Debt Fund

Barings raises €1.5 billion for European direct lending
Barings has held a close for its latest European direct lending fund, receiving €1.5 billion of capital from over 45 institutional investors

CIFC preps inaugural distressed debt fund
The New York-based firm is the latest in a line of managers to have begun fundraising for an inaugural distressed debt fund

Apollo fee earnings rise 9% in Q2 as structured credit boosts portfolio
Apollo Global Management’s credit portfolio increased 4% quarter-over-quarter to $201 billion, driven by growth in affiliated life insurance firm Athene, as well as corporate credit and structured credit

New EC fund rules could lead to ‘pre-pre-marketing’
The European Commission has approved a standardised concept of ‘pre-marketing’ in a move that could see more capital flow through the European Economic Area. The new definition of pre-marketing is meant to provide clarity, but some sources say that the amendments could be seen as an additional burden and lead to a concept of pre-pre-marketing.

Sound Point swaps evergreen fund for drawdown
Sound Point Capital Management is dropping its evergreen distressed debt fund in favour of a vehicle that will employ a drawdown structure, as is customary for distressed strategies.

US university backs Asian direct lending fund
University of Michigan has committed $50 million to SSG Capital Partners V, according to documents seen by Creditflux  

BlackRock launches $2 billion coporate credit fund with special situations remit
BlackRock has closed its flagship opportunistic credit fund, Global Credit Opportunities, with $2 billion capital commitments

Spanish manager secures €40 million for debut private credit fund
Spanish direct lender Talde has held a €40 million first close on its debut private credit fund Talde Deuda Alternativa