GSO plans follow-up European direct lending fund
GSO Capital Partners is putting together a senior debt fund and has the backing of Taiwan Life

Ares grows credit 34% with direct lending boost, but high yield takes rough ride in Q4
Ares Management Corporation reported strong returns for its European direct lending strategies in the fourth quarter of 2018. But the firm's overall revenues slumped and its US loan funds and high yield strategies were hit by the volatile credit market 

CIFC launches CLO fund with investment grade mandate
CIFC Asset Management is back in the market with yet another CLO-focused fund – this time, aimed at investment grade opportunities

Lone Star shines with $8.2 billion final close for debt fund
Lone Star has raised $8.2 billion for the latest iteration of its distressed debt strategy, Lone Star Fund XI

Silver Point brings in $1.57 billion for distressed debt fund
The credit hedge fund manager, founded by ex-Goldman Sachs partners’ Edward Mulé and Robert O’Shea, has locked down $1.57 billion capital for its distressed debt fund 

Former BlackRock portfolio manager lands at start-up credit firm Tresidor
Tresidor Investment Management – the new credit manager led by BlackRock’s former head of European credit Michael Phelps and ex-Goldman Sachs synthetic CDO head Edgar Senior – has added a credit portfolio manager to its team ahead of its maiden fund launch

San Francisco pension deploys $125 million into private credit
San Francisco City and County Employees' Retirement System has bolstered its private debt bucket, making a $125 million commitment to a senior debt fund and opportunistic credit fund that builds on other private debt investments since last year

Tikehau garners €2.1 billion for European direct lending strategy
Tikehau Investment Management has collected €2.1 billion for its fourth private debt strategy - three times larger than its predecessor fund 

Allianz IM puts $200 million into Indian private debt
Allianz Investment Management has committed $200 million into the private debt platform of Edelweiss, an Indian diversified financial services firm.  

BlueBay closes fourth direct lending fund at €6 billion
BlueBay Asset Management has held a final close for its fourth private debt fund with over €6 billion of investable capital

HPS targets $8 billion for flagship mezzanine strategy
HPS Mezzanine Partners 2019, the firm's fourth fund in its mezzanine strategy, has won $100 million from a Louisiana pension fund 

GAM launches quantitatively-managed credit Ucits fund
The new fund is anticipated to offer “strategic allocation to credit with tactical ability to reduce exposure in challenging markets”.

Tree Line grows $300 million US lower mid-market debt fund
Tree Line Capital Partners is targeting $300 million for its second lower-middle market direct lending fund, according to 6 February US regulatory filings

New York pension fund allocates $150 million to special situations fund
The new investment will sit within the pension fund’s opportunistic alternatives bucket

Kreos exceeds €600 million target size for its largest direct lending fund to date
Kreos Capital has held a final close for its sixth European growth debt fund at €700 million

MV and EQ combine for €70 million for private credit fund
EQ Asset Management has raised €70 million for its second private credit fund in partnership with MV Credit, the fund of fund operator has announced

New York pension ups commitment to HarbourVest by $400 million
New York State Teachers' Retirement System has topped up commitments to Maple Fund, having already approved $600 million in 2017

Florida pension fund backs Atalaya distressed strategy
Florida State Board of Administration (SBA) has committed $100m to Atalaya Special Opportunities Fund VII, as part of the Florida Retirement System’s portfolio.  

CIFC launches its first CLO Ucits fund
CIFC Asset Management has become the latest manager to launch a new CLO Ucits fund

New Energy holds $500 million final close for infrastructure credit fund
New Energy Capital Partners has held a final close on its second infrastructure hybrid debt and equity fund at $500 million

AnaCap buys €4 billion Italian SME loan portfolio
AnaCap Financial Partners has made its first transaction of its fourth credit opportunities fund 

Golding holds €580 million final close for private debt fund
Golding Capital Partners has held a final close for its private debt fund strategy at €580 million

San Francisco pension plans to deploy $800 million to private credit in 2019
San Francisco Employee’s Retirement System will allocate $800 million to its private credit bucket in the coming year, to reach its 10% target allocation 

WhiteHorse forms $125 million middle-market JV with Ohio pension
The $79.8 billion Ohio pension fund has teamed up with WhiteHorse to form a joint venture that will have a $375 million total lending capacity

Finint holds €51.6 million first close for Italian debt fund
Finint Investments has a €150 million target for PMI Italia II and expects to hold a final close by the end of 2019