LP round up: two managers terminated as 20 win $2.5 billion
US institutional investors allocated over $2.5 billion to 20 credit managers in October, according to documents seen by Creditflux. Two credit fund managers however were terminated in the month

Credit funds at a glance (November 2022)
A round up of fundraising and people moves in credit

Pimco targets up to $5 billion for flexible credit fund
The fund will invest across capital solutions, distressed and stressed opportunities, and idiosyncratic positions

Sona rolls out event-driven and bespoke financing fund to US investors
Sona Asset Management is courting investors in the US for its second capital solutions strategy, having filed an offering of the fund with the Securities & Exchange Commission

Axa IM and InPact close €395m global revolving credit facility fund
AXA Investment Managers and InPact Partners have closed their second vintage revolving credit facilities fund, RCF II, with over €395 million in capital commitments

DWS hires regional heads for direct lending business
DWS Group has unveiled two senior appointments to it European direct lending team

Credit funds at a glance (October 2022)
A round up of fundraising and people moves in credit
 

   

Boutique London asset manager launches open-ended direct lending fund
Stafford Capital Partners has launched an open-ended direct lending and speciality finance fund

LP round up: $2.7bn flows to 20 credit managers as investors battle PE overallocation
Investors faced huge headwinds in September with inflation, rising interest rates, and geopolitical turmoil, alongside the UK gilts sell-off at month end

Capital Four closes €1.5bn direct lending fund 'more than 90%' deployed and launches successor
Capital Four had collected €1.5 billion on a final close of its third senior private debt fund, Capital Four Private Debt III – Senior, exceeding its initial €1 billion target

Nomura readies multi-strat credit interval fund launch
Nomura Private Capital is readying the launch of a new, closed-ended interval fund which will invest across the credit spectrum - including bonds, loans, CLOs, distressed debt emerging market debt

LGT to expand its impact investing framework into private debt
LGT Capital Partners is seeking to expand its private debt offering with a new impact focused fund named Crown Impact Private Debt

Ninety One holds first close on first private debt fund targeting sponsorless loans
Ninety One has made a breakthrough in its bid to build out a European private credit offering by holding a first close on a fund that will lend to sponsorless borrowers in Europe

Arcmont raises €800 million for first capital solutions offering
Arcmont Asset Management has raised €800 million for its first capital solutions fund (including associated vehicles)

Apera readies third European private credit fund
The launch of the new fund comes 14 months after it closed its second private credit fund 

LP round up: Magnetar and Värde among winners as $3 billion flows to credit
Institutional investors allocated at least $3 billion to credit funds in August

Swedish direct lender raises €684 million for sustainability-linked deals
P Capital Partners has completed the final close of a European direct lending fund that supports borrowers’ transition to sustainable business models

LP round up: private credit takes big slice of inflows as 10% portfolio share projected for 2026
Institutional investors revealed nearly $4 billion allocations to credit funds in July, with recipients including Angelo Gordon, Apollo, Ares, BlackRock, Brookfield, CarVal, Comvest, Deerpath, KKR, Schroders and Sixth Street

HPS launches sixth direct lending fund
The firm's previous fund in the series closed in September with over $15 billion of investable capital

Cheyne looks to uncover value in sponsorless loans
Cheyne Capital Management is eyeing sponsorless direct lending opportunities for a fund launch later this year

Credit funds at a glance (August 2022)
A round up of fundraising and people moves in credit
   

Ares plans four credit fund launches amid strong deployment
Ares Management benefitted from strong private credit deployment in the quarted and unveiled plans to raise its sixth European direct lending fund, second flagship closed-end alternative credit fund and third US junior capital direct lending fund

Tikehau collects €3.3 billion for fifth European direct lending strategy
Tikehau Capital revealed in its H1 2022 results it reached a final close for its fifth European direct lending fund in July, collecting €3.3 billion for the strategy

BlackRock closes £1.7 billion private debt fund with wide mandate for UK pensions
The firm has deployed around 60% of the fund, which invests across US and European direct lending, US and European real estate debt and the firm’s global opportunistic strategy

Five credit managers win nearly $1 billion from UK pension pool
Five private credit funds emerged as winners after UK pension pool Border to Coast revealed $1 billion in a wide variety of private credit commitments