Fund manager will close as insurance money dries up
UK firm closes after failing to build on seed investment

Scio aims for €150 million in hedge fund debut
London-based manager plans a hedge fund to invest in structured credit markets

Credit allocator turns attentions to ICG
Intermediate Capital Group could be set to pick up a big client for its European credit business

Mid-market specialist LBC pulls in $350 million pension separate account
Philadelphia-based LBC Credit Partners is making rapid progress on fund-raising for its fourth fund targeting US mid-market loans

Apollo plans new funds for push into financials credit
Apollo plans new funds in the US and Europe targeting the financials space

GSO pulls in pension fund capital for third global mezz fund
GSO Capital Partners has gone live with its third global mezzanine fund, according to well placed sources

US credit manager plans $600 million mid-market fund
An experienced US private debt specialist is earning commitments for its upcoming fund

ECB move boosts Amundi credit ETFs
ETF provider Amundi has seen huge demand for its products in the last few weeks

Energy investor wins pension fund support for $600 million credit strategy
A large investor in the energy markets is ramping up a new credit fund which looks likely to hit $600 million next month

Bayside hires in London with an eye on its next distressed debt fund
HIG Bayside has brought in a distressed specialist from a bank in London as part of its plan to raise funds 

Pension scheme puts $50 million into Riverstone energy credit fund
Energy focused asset manager raises pension fund money for credit fund

Alcentra wins new US pension allocation for euro direct lending fund
East coast pension scheme opts for leveraged and currency-hedged version of Alcentra's second dedicated direct lending fund

Pension giant backs Rokos hedge fund launch
A hedge fund being launched by former Brevan Howard partner Chris Rokos has received backing from a large pension fund

Pimco assembles new corporate credit fund
Pimco is raising a new corporate credit opportunities fund, according to regulatory filings

Emerging markets specialist Gramercy launches new private debt fund
Gramercy Funds Management has launched a new debt fund, according to regulatory filings

Ex-Merrill trader’s new distressed fund gets $100 million allocation
A distressed credit hedge fund manager gets a large investment for its latest European-focused fund

Pension fund puts $200 million into ex-Lehman trader’s credit hedge fund
Pennsylvania''s teachers' pension body has agreed to put $200 million into a new structured credit fund which will invest in RMBS, CMBS and CDOs

Leading distressed debt manager plans new €2 billion fund
A large distressed debt firm headquartered in New York is said to be marketing a European distressed debt fund 

Asia's PAG hires former Mizuho official to lead new credit strategy
An Asian credit specialist has joined PAG after making big gains for his hedge fund