Window or aisle? Pimco jets off with GE for $3 billion aircraft leasing platform
Pimco has partnered with GE Capital Aviation Services to launch a $3 billion aviation leasing platform, which the pair say will “provide financing to help airlines upgrade their fleets at critical time for the aviation industry”

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

Credit fundraising: managers build homes for real estate credit funds
The “largest ever real estate credit fund” was one of the fundraising highlights last month as Blackstone’s Real Estate Debt Strategies IV fund reached $8 billion on its final close

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

Credit fundraising: distressed keeps in favour but CLO ETFs emerge
Five months into global lockdown and distressed debt funds are still proving popular, but several managers have found success pitching other types of credit strategies

LP round up: Connecticut eyes Fortress for private credit partnership
Investors placed $3.3 billion across 26 credit mandates over the past fortnight, according to documents seen by Creditflux 

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

Aon wraps up fundraising for $350 million opportunistic credit fund
The fund will target global investments across public corporate and structured credit, stressed credit and real estate debt

Castlelake targets $750 million for add-on to fifth distressed fund
Castlelake has launched an add=on vehicle to its fifth distressed flagship fund in order to take advantage of opportunities that have resulted due to the covid-19-related market dislocation, according to documents seen by Creditflux

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

First Eagle prepares corporate credit interval fund
First Eagle Investment Management is preparing to launch a new opportunistic credit strategy in the form of an interval fund

GSO reaches $7 billion for real estate debt fund
GSO’s latest real estate debt fund pulled in $2.1 billion across the second quarter and the vehicle’s AUM has now reached around $7 billion, according to Blackstone president and chief operating officer Jonathan Gray

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

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

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

Alantra holds €30 million first close on Spanish real estate debt fund
Madrid-based Alantra anticipates a €100 million final close by the end of the year

Iowa pension allocates $50 million to two private credit managers
Municipal Fire and Police Retirement System of Iowa has funded a commitment to credit after cutting infrastructure allocation by 2% 

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

OFS and CIM team up for fund geared towards loans, CLOs and real assets
Credit-related investments in the new interval fund will include floating and fixed rate loans, broadly syndicated senior secured corporate loans, CLO debt and equity tranches and opportunistic credit 

KKR deploys 10% of $2 billion coronavirus dislocation credit fund
KKR Credit has plans to launch a $2 billion dislocated corporate and asset backed credit fund to take advantage of coronavirus-induced volatility. And the New York-based manager has wasted no time swooping on opportunities after deploying $212 million by 9 April

Aero lands $414 million final close on aircraft leasing fund
Aero Capital Solutions has collected $414 million for its second mid-life aircraft leasing fund, holding a final close for the fund on 6 March

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  

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

Private debt takes centre stage as Arizona looks to bolster credit allocation to 25%
Arizona State Retirement System remains bullish on credit with the $41.9 billion institution looking to bolster its entire credit allocations to almost a quarter of the fund - and private debt will take centre stage in the Arizona pension’s growth plans