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

Texas pension fund approves two new CLO manager mandates
The Texas Municipal Retirement System has approved the appointment of GSO Capital Partners LP and Octagon Credit Investors as CLO managers on its non-core fixed income strategy

Willis Towers Watson raises $620 million for two credit funds
Willis Towers Watson has launched a Group Trust with two credit funds, a spokesperson for the firm has confirmed.

Chorus launches third credit fund for reg cap strategy
Reg cap specialistChorus Capital has launched its third credit fund, according to SEC filings seen by Creditflux

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

Aberdeen Standard Investments launches global private markets fund
Aberdeen Standard Investments has launched a £138 million Global Private Markets Fund (GPMF), which will invest in a diversified mix of private credit, private equity, real estate and infrastructure

Demand for IG outweighs HY as US credit manager launches two funds
A west coast asset manager has launched a high yield strategy and an investment grade fund. The IG option has been more popular thus far

MidOcean nets $87.6 million in 12 months for credit opps fund
MidOcean Partners has raised more than $87 million in a year for its first Credit Opportunity IDF fund, regulatory filings indicate

Caryle's debut credit opportunities fund nets more than $1 billion
Carlyle Group has held a first close for its first credit opportunities fund at more than $1 billion, according to media reports – not bad for a vehicle formed last year

JP Morgan AM launches new multi-asset investment trust
A manager's best mate is its fund: JP Morgan AM launches Multi-Asset Trust (Mate)

Chenavari raises $120 million in a year for multi-strategy credit vehicle
Chenavari Investment Managers has raised almost $120 million in a year for its Cayman Islands-incorporated Chenavari Multi-Strategy Credit Fund, regulatory filings suggest

Hamilton Lane holds first close of newest credit fund at over $16 million
The Pennsylvania asset manager's lastest credit fund was launched last year, making its first sale on 20 December, according to regulatory filings

Alcentra global credit strategy launches US feeder fund
Alcentra has launched a new US feeder fund for its Global Multi-Credit Solutions strategy, a regulatory filing indicates

CLO fund manager launches flagship credit strategy with $250 million target
A credit manager launched by a former UBS head has launched its flagship fund, with a target raise of $250 million, according to an investor letter seen by Creditflux

Alarm maker's consent fee gambit attracts attention
Bond holders agree covenant waiver to let Hellman & Friedman carry out huge dividend refi  

US investors allocate over $100 million to BlueBay credit fund
BlueBay Asset Management has picked up over $100 million of commitments from US investors for its total return credit fund

Alcentra continues hot fundraising streak with new global credit offering
BNY Mellon subsidiary Alcentra has attracted $140 million for a corporate credit fund

Guggenheim raises $200 million for opportunistic credit vehicle
Guggenheim has raised $200 million for a new opportunistic credit fund, which is backed by three investors to date

Octagon’s debut retail credit fund goes live
XA Investments has raised up to $83.4 million for the closed-end credit fund it has set up with Octagon Credit

Neuberger Berman targets corporate credit with $1.1 billion fund
Neuberger Berman closed a new credit fund yesterday, according to a statement from the firm

Apollo's total return credit platform makes huge strides with $1.8 billion of inflows
Apollo's credit business increased by $10.3 billion in Q2 and total return credit is quickly becoming a key component of this credit platform

Carlyle raises $1 billion for credit opps and structured credit funds
Carlyle Group’s has reiterated over the last several months that it sees huge potential in the credit market, and it is now experiencing joy on the fundraising trail

KVK launches opportunistic hedge fund to target unloved CLO assets
Funds that live by a rigid set of guidelines (such as CLOs) are being targeted as a source of assets by opportunistic managers

Time-saving hedge fund platforms stop opportunities evaporating
Lengthy commitment periods and drawn-out negotiations between institutional investors and fund managers could be a thing of the past thanks to a wave of multi-manager hedge fund platforms

Fishknife: Interval funds are a step in the right direction
They bring their own dangers, but interval funds are a better vehicle for managing illiquid credit than conventional funds