Edelweiss collects $900 million for Indian private credit fund
Canada’s Ontario Teachers’ Pension Plan Board, Florida’s State Board of Administration, Swedish Pension Fund AP4 and one European insurance investor were among the investors who allocated to the $900 million fund

Dubai manager launches first dedicated financing fund
Shuaa Capital has launched its first fund dedicated to financing opportunities in the gulf region

Barings inks partnership with Mubadala for European mid-market platform
Barings has teamed up with Abu Dhabi state fund Mubadala Investment Company to launch a new European middle market origination platform named Barings Mubadala Enterprise

CSAM strikes private credit partnership with Qatar Investment Authority
Credit Suisse Asset Management has signalled a big push into private credit, striking a direct lending partnership with its Quatari-based stakeholder Qatar Investment Authority

Credit funds at a glance (September 2020)
A round-up of fundraising and people moves

Private credit manager wins mandate to invest in Australia and New Zealand
Revolution Asset Management has won a co-investment mandate from QIC, an asset manager owned by the Queensland Government, to invest in credit assets originated in Australia and New Zealand

Credit funds at a glance (August 2020)
A round-up of fundraising and people moves

Prime launches global fund of niche credit funds
Prime Capital is preparing a new fund of niche credit funds in a strategy the firm has dubbed Liquid Alternative Credit Fund, and the Frankfurt-based manager will launch the fund with $30 million capital from three seed investors

Credit funds at a glance (July 2020)
A round-up of fundraising and people moves

Värde targets $1 billion for inaugural dedicated credit dislocation fund
Värde is seeking to raise $1 billion for its dislocation and distressed debt fund, according to an investor presentation seen by Creditflux. The firm is targeting a first close this month

PGIM prepares listed credit fund
PGIM is marketing a ‘flexible’ listed fund, dubbed PGIM Strategic Credit Fund , to invest at least 80% across fixed income

EnTrust aims to onboard $1 billion for maritime direct lending fund by June
EnTrust Global is targeting $1 billion for a maritime direct lending fund, Blue Ocean Onshore Fund, and anticipates a final close in June

Credit funds at a glance (May 2020)
A round-up of fundraising and people moves

Florida pension allocates $600 million to three credit managers
Florida State Board of Administration has awarded $600 million to three credit managers in the first quarter, according to a board update seen by Creditflux

Metrics pulls plug on direct lending fundraising
Australian direct lender Metrics Credit Partners has pulled the plug on fundraising for its listed private debt fund

Mercer puts private debt at heart of $2.7 billion fund of fund
Mercer has held a final close at $2.7 billion for a private markets fund that offers investors access to private debt and sustainable products  

Canadian pension launches $300 million private credit platform to invest in India
Caisse de dépôt et placement du Québec, the CAD 326.7 billion Canadian pension, has rolled out a $300 million private credit platform in partnership with Pirmal Asset Management to focus on private credit opportunities in India

ResponsAbility collects $151 million for impact private debt securitisation fund
Facebook, the European Investment Bank and the government of Luxembourg are just some of the investment sources for the $151 million clean energy impact debt fund. The fund is structured in a similar way to a CLO – with responsAbility offering investors various risk tranches 

Pimco launches listed multi-sector global credit fund
Known as Pimco Tactical Income Fund, the fund will invest in a range of global credit strategies and will list on the New York Stock Exchange

EFA holds first close on Asian private credit fund
EFA Group has held a first close on its Asian private credit fund, according to an announcement by the firm

Värde launches $2.5 billion global credit fund
Värde Partners has raised $2.47 billion for a new global credit fund, according to an announcement today

SSG collects $2.7 billion for Asian special situations fund
SSG Capital Management has raised $2.7 billion for its fifth Asia Pacific-focused credit and special situations strategy, SSG Capital Partners V, surpassing the strategy's original $1.5 billion target size

UK pension partnership launches maiden private credit offering at £581 million
Border to Coast Pensions Partnership (BCPP) is set to commit £581 million in private credit, as part of its maiden offering in this asset class  

Arizona pension to deploy up to $700 million a year in private credit
Arizona Public Safety Employee System is looking to deploy $600-700 million in private credit strategies per year in order to meet its target allocation, according to board documents seen by Creditflux.

Partners Group brings global private debt strategy to Australian retail investors
Partners Group has bolstered its private debt offering to retail clients, collecting AUD550 million for a private debt offering which has been listed on the Australian Securities Exchange.