Beach Point reels in $193 million for securitised credit fund
Los Angeles-based Beach Point Capital Management has raised over $193 million from 49 investors for a securitised credit fund

WisdomTree reaps benefits of "transformative" 2017 with strong earnings release
The ETF specialist revealed an 18.4% year-on-year AUM growth and fixed income inflows in its latest earnings presentation

Antares and Crescent win as Texas pension fund commits to direct lending
The sky is the limit for direct lenders, with Texas County and District Retirement System committing $253 million to that market

Real estate lending gains €700 million in six months for Paris-based direct lender
French alternative investments manager Acofi Gestion has raised €700 million of AUM for commercial real estate lending since July 2017

Investors swarm to healthcare direct lending fund led by Locust
New Jersey-based Locust Point Capital has raised about $96 million for a new private credit fund, regulatory filings show

Former Cion and Medley pair raise $75 million for new energy credit fund
New York-based Energy Impact Partners (EIP) has raised $75 million from one investor for its Energy Impact Credit Fund, according to a US SEC filing

Three Swiss banks team up to launch new private market fund platform
New investment boutique Hermance Capital Partners will focus on private equity, private debt and private real estate

Allianz's asset management business drives strong group results for 2017
Third-party net inflows for the group's asset management business hit a record €150 billion for the year as customers were drawn to top-performing funds, the company said on Friday

Minnesota pension fund looks to commit $535 million to 'private credit'
Minnesota State Board of Investments has recommended investments worth $535 million to private credit, according to board documentation seen by Creditflux

European direct lender seeks €2.5 billion for new Luxembourg-based debt fund
London-based direct lender Pemberton is launching a new debt fund that will invest in mid-market European companies, Creditflux has learned

Chicago manager holds initial close for $1 billion private credit fund
Monroe Capital has held a $348 million initial close for its third private credit fund, which has a $1 billion hard cap, market sources say

Blackstone's GSO launches second credit alpha fund
GSO Capital Partners has launched its second Credit Alpha Fund, US SEC filings indicate

Manager launches eighth European leveraged loan fund with €300 million target
SCOR Investment Partners and private equity firm LBO France have partnered to launch a European leveraged loan fund seeking €300 million in capital commitments

Tree Line promotes MD to partner amid expansion of direct lending platform
Tree Line has promoted private credit specialist Frank Cupido to partner

University of Michigan looks to invest $60 million in credit opps fund
The University of Michigan has recommended an investment of $60 million to a Dallas-headquartered manager

Ares and Varagon expand direct lending JV to $6.4 billion
Ares Capital and Varagon have expanded their joint venture’s investment capacity by $3.5 billion

Marble Point lists CLO equity fund on London Stock Exchange
Marble Point Capital Managment has completed an IPO for its new listed fund named Marble Point Loan Financing

Hong Kong manager holds initial close for China credit fund at $350 million
Dignari Capital Partners has held an initial close for its second China-focused credit fund at $350 million, Creditflux has learned

New York manager raises $100 million for credit opps fund in a year
One William Street Capital Management has raised about $100 million for a credit opportunity fund over 12 months, regulatory filings indicate

Energy PE firm Orion closes second credit opps fund at $816 million
Orion Energy Partners, a private equity firm providing capital solutions to mid-market energy infrastructure businesses, has closed its second credit opportunity fund at $816 million

Virginia pension fund cuts Oaktree high yield account
Virginia Retirement System (VRS) has terminated Oaktree as a high yield debt manager, Creditflux has learnt

KKR considers switching from partnership to corporation
Global investment firm KKR is considering a change to its legal structure, with the firm’s senior management and board of directors currently evaluating whether to convert from a partnership to a corporation, or C-corp

US credit manager passes $2.7 billion for securitised credit fund
Marathon Asset Management has now raised more than $2.7 billion for its Marathon Securitized Credit Fund, according to regulatory filings

Ex-BlackRock fixed income pair launch cryptocurrency fund
A pair of former BlackRock bond specialists are launching a London-based cryptocurrency hedge fund known as Prime Factor Capital

New York-based manager launches high yield credit fund
An affiliate of fixed income subadvisor Cohanzick launched a new high yield credit fund on 1 February, according to a market source