Tikehau fund edges towards €1.6 billion close with €75 million EIB commitment
The European Investment Bank has approved a €75 million commitment to Tikehau Investment Management

AlbaCore registers second credit fund as debut strategy nears full capacity
AlbaCore Capital has recently registered AlbaCore Partners II, indicating the private debt and opportunistic credit investment firm could soon be back on the fundraising trail, less than eight months after closing AlbaCore Partners I

Crestline holds $600 million final close for PE-focused financing fund
The new fund will provide financing to private equity funds post their investment period, allowing them to provide follow-on growth capital to portfolio companies or additional liquidity 

Prestige launches new asset-based direct lending fund
The new fund will lend to agricultural and SME businesses across both the UK and the Republic of Ireland

Blue Torch shines with $439 million for inaugural credit fund
Launched by ex-Cerberus official Kevin Genda in April 2017, Blue Torch has reached over half way in fundraising for its inaugural credit opportunities fund

ICG hits €4 billion target for European private debt fund
Intermediate Capital Group has hit its €4 billion fundraising target for its seventh European private debt fund, according to the firm’s semi-annual results

Korean pension fund commits €80 million to European direct lending
The Government Employees Pension Service (GEPS), the €7.7 billion Korean pension fund, has selected Alcentra and BlueBay Asset Management for two commingled blind funds, according to an announcement notice seen by Creditflux.  

San Francisco pension ramps up private credit portfolio with $80 million commitments
The $24.5 billion pension fund currently has a 2.2% actual allocation to private credit, despite a 10% target allocation

PennantPark wins $80 million for third credit opportunities fund
The new vehicle is the latest in the PennantPark Credit Opportunities series 

Muzinich's Italian arm launches novel direct lending fund
Sources say that Muzinich will build a truly diverse loan portfolio for its Italian direct lending fund

MV Credit raises €803 million for credit fund following Natixis acquisition
MV Credit, formerly known as Mezzvest, has held a final close for its fourth private credit fund with €803 million capital commitments

Fixed income heads join forces to launch macro credit fund manager in London
Resco Asset Management, a new asset manager based in London, has launched and set about marketing its debut fund: Resco Macro Credit Fund

Triton draws $167 million of inflows for European opportunistic debt fund
Triton Partners has raised at least $167 million for its second debt fund, Triton Debt Opportunities Fund II

Orange County pension fund commits to Monroe direct lending strategy
Orange County Employees Retirement System (OCERS), has committed $75 million to Monroe Capital Private Credit Fund III, but it's also reducing its overall allocation to credit    

BC Partners lists new North American direct lending business
BC Credit Partners has listed US direct lending business Mount Logan Capital on Canada's NEO Stock Exchange. 

Pimco generates listed opportunistic energy credit fund
Pimco is eyeing the energy sector for a new opportunistic credit fund, according to US regulatory filings.

Tikehau pairs with Groupama for French and European SME debt fund
The new vehicle is anchored by European Investment Fund 

PineBridge builds US private credit fund
PineBridge Investments has registered a new private credit fund - PineBridge Private Credit, according to US regulatory filings

US pension commits $100 million to Apollo's hybrid private credit/private equity fund
Pennsylvania State Employees’ Retirement System has mandated $100 million to a multi-strategy fund managed by New York-based Apollo Global Management

New Mexico pension fund supplies $100 million to private energy credit
A new energy credit fund will primarily underwrite direct loans to small and middle market conventional energy companies

Balance Point weighs in with $380 million for latest credit fund
Balance Point Capital has held a final close for its credit fund with $380 million capital commitments, exceeding its initial $300 million target.

Ellington teams up with Princeton to launch opportunistic credit interval fund
Ellington Management has teamed up with Princeton Fund Advisors to launch an opportunistic credit interval fund

KSL holds $671 million close for second travel and leisure credit fund
KSL Capital Partners has held a final close for its second credit fund with $671 million in capital commitments

TSSP launches capital solutions fund
TPG Sixth Street Partners (TSSP), the credit platform of private equity giant TPG, has launched a fund to target late stage growth companies

Vistara develops third technology debt fund with $100 million target
Vistara Capital Partners has  uploaded its third technology debt fund and held its first close at $40 million