New York pension fund allocates $400 million to two private debt funds
New York State Common Retirement Fund has awarded $400 million to two private debt managers: GSO and Vista Equity Partners, Creditflux has learned

Amundi begins marketing European loan fund
Paris-headquartered Amundi has launched a loan fund targeting LBO-related opportunities

Former BlueBay team raise €280 million for debut credit fund
Dublin-headquartered DunPort Capital Management has announced a close for its credit fund, Elm Corporate Credit fund, with €280 million capital commitments

GoldenTree, KKR and StepStone earn sub-advisor roles for new interval fund
FS Investments is launching a multi-strategy interval fund and has chosen GoldenTree Asset Management, KKR Credit and StepStone Group to act as sub-advisors

Maine pension fund commits $50 million to Asian real estate debt
Maine Public Employees Retirement System has made a $50 million commitment to Baring Private Equity Asia, a spokesperson for the pension fund confirmed

Boston firm raises $75 million for latest private credit fund
$18 billion manager follows up 2015 fund that now has $352 million in assets

Market's newest ESG bond fund targets Australian and New Zealand investors
Less than two years after launching an equity version, Dimensional has unveiled a sustainable bond fund for investors in Australia and New Zealand

German firm holds first close of direct lending fund at €300 million
Frankfurt-based Rantum Capital has launched a second subordinated loan fund, a direct lending strategy called Rantum Private Debt Fund II

Alts firm closes second mortgage fund at $750 million hard cap
The Minneapolis manager's fund will seek investments in newly originated loans, secondary loan trading and other structured securities backed by mortgage assets. The last fund in the series closed at $500 million

Credit Suisse and Carmignac team up to launch emerging markets fund
Credit Suisse has partnered with the French asset manager to launch a new multi-asset fund which has about two-thirds of its holdings in bonds

Alternatives firm hits $1.3 billion for opportunistic credit hedge fund
Alternative investments firm Varde Partners is on a roll: it has raised at least $1.29 billion for its opportunistic credit fund Varde Investment Partners, Creditflux has learned

Missouri pension fund selects Brightwood and Monroe for private debt mandate
The St Louis Public School Retirement System has committed $22 million to private debt, according to board documents seen by Creditflux

Minneapolis manager hits $1.5 billion in sales for credit strategy
The firm has reached $1.5 billion in sales for a credit fund, indicating sales of $500 million in a single year

Angel Oak's new fund to invest in CLOs and structured credit
Atlanta-based Angel Oak Capital Advisors has launched a new mutual fund, the Angel Oak UltraShort Income Fund, which will invest  in residential and commercial mortgage-backed securities, asset-backed securities, CLOs, US treasuries and agency debentures, and corporate credit

Strategic Partners' infrastructure fund closes at $1.75 billion
Blackstone’s secondary and fund solutions business, Strategic Partners Fund Solutions, has announced the final closing on the hard cap of $1.75 billion for Strategic Partners Real Assets II

Chinese real estate specialist closes latest fund at $276.5 million
Hong Kong-headquartered real estate specialist Starcrest Capital has announced the final close of Starcrest China Real Estate Fund II at $276.5 million

Quant giant AQR launches first fixed income fund
Quant specialist AQR Capital Management has entered the fixed income world, launching a new product called the Core Plus Bond Fund

GSO raises $7 billion for third stressed/distressed fund
GSO Capital Partners on Thursday announced the final closing of GSO Capital Solutions Fund III at its hard cap of $7 billion

AlbaCore closes debut direct lending fund at €1.5 billion
AlbaCore Capital has held a successful final close of its debut fund, AlbaCore Partners I, at €1.458 ($1.79) billion. The fund exceeded its €1 billion target, the firm announced on Thursday

Patrimonium joins forces with Credit Suisse for unique private credit fund
Direct lender Patrimonium Asset Management has teamed up with Credit Suisse to launch a new fund that will invest in corporate loans

BlackRock raising $2.5 billion for direct lending fund: report
BlackRock is seeking to raise $2.5 billion for a private credit fund – and has already hit the $1.5 billion mark in sales, according to a Bloomberg report

New Hampshire pension makes $50 million commitment to direct lending
The New Hampshire Retirement System has approved a $50 million commitment to BlueBay’s Direct Lending Fund III (USD unlevered), according to documents seen by Creditflux

NN launches emerging market debt fund
Dutch asset manager NN Investment Partners has launched a new fund that invests in debt instruments issued in hard currency (USD-denominated) by emerging market sovereign and corporate issuers

New Mexico investment council approves commitment to Silver Point strategy
Special situations credit firm Silver Point is set to receive $100 million from a US state investment fund for its latest distressed credit stratregy

Canadian real estate specialist reveals a year-on-year drop in assets
Terra Firma Capital Corporation has released its 2017 end-of-year financial statements, which reveal an overall drop in assets from CAD$146.7 ($114) million to $143.5 ($111.5) million at the end of 2016 and 2017, respectively