Former European Capital team raises $725 million for new direct lending fund
LGT Capital Partners has raised at least $725 million for a private debt fund, following the acquisition of private debt manager European Capital Partners from Ares Management in March last year

Boston manager looks towards middle market for latest credit fund
Bain Capital Credit has launched its middle market credit fund, according to US regulatory filings 

KKR and Schroders back €1 billion Dutch direct lending fund
Neos, a Dutch direct lending firm, has held a €1 billion close on its Dutch and German direct lending joint venture

Maine pension bolsters private credit allocation with $100 million mandate
The pension fund mandated $100 million to a US direct lending firm, after it was underweight its 5% target allocation to alternative credit 

London-based direct lender wins as San Francisco pension fund deploys into private credit
A Californian pension fund has mandated $60 million to a strategic credit fund, as part of its private debt pacing plan to deploy up to $750 million to private debt annually

New York pension fund earmarks $200 million to two private debt managers
The $115.5 billion pension fund has made $100 million commitments to two private debt managers in Q2 

Spanish direct lender targets final close on debut fund
Spanish direct lender Resilience Partners is targeting a February 2019 final close for Resilience Partners Fund I, Creditflux has learnt

Beechbrook eyes sponsorless opportunities with new UK SME credit fund
London-headquartered Beechbrook Capital is looking to launch its second UK SME credit fund, Luxembourg filings reveal

THL Credit looks to raise new US direct lending fund
Boston-headquartered THL Credit is looking to raise capital for its fourth direct lending fund – THL Credit Direct Lending Fund IV, according to SEC filings.

Private equity firm Thoma Bravo brings in $500 million for first private credit fund
Technology-focused private equity specialist Thoma Bravo has raised $500 million for its inagural private credit fund, which is targeting $750 million

BlueArc brings in nearly $70 million for global private credit fund
At least 100 investors have backed the BlueArc Global Private Credit Opportunity Fund, managed by Atlanta-based BlueArc Capital 

Oaktree raises new special situations fund while CIO warns of direct lending risk
Oaktree Capital Management has released its second quarter 2018 results in which the Los Angeles-based firm reported $2.4 billion of new capital commitments in the quarter

Twin Brook holds $2 billion first close for third direct lending fund
Twin Brook Capital Partners, an Angelo Gordon subsidiary, has held a first close for its third direct lending fund with approximately $2 billion capital commitments

Direct lender Green Arrow adds two strings to its bow with new funds
Green Arrow Capital, which recently acquired Italian private equity house Quadrivio, is nearing a final close for two funds, sources say.

Texas pension fund puts $150 million into credit
A $29.7 billion pension fund has approved commitments to two credit fund managers

ICG reports €4.8 billion of inflows over three months after direct lending success
Intermediate Capital Group has released its quarter end results - showing strong inflows and deployment

Audax wins $100 million direct lending mandate from US pension fund
The $3.5 billion Pennsylvania State Employees Retirement System has awarded $100 million to a US direct lending fund managed by Audax Group

Ares launches "largest ever" European direct lending fund with up to €10 billion to invest
Ares Management has held the final close on what it claims to be the largest European direct lending fund raise ever

Californian pension fund assigns $25 million to Monroe direct lending strategy
As part of its private credit pacing plan, the $5.4 billion pension fund will make a $75 million commitment to direct lending funds each year for the next three years

BNP Paribas AM launches UK SME direct lending fund
The new direct lending fund aims to disrupt a segment of the market that is underserved by asset managers and banks  

BlackRock holds €1.1 billion final close for inaugural mid market fund
BlackRock has held a €1.1 billion close for its inaugural middle market private debt fund – exceeding its initial €750 million target.

Tor more than doubles AUM for Asia credit fund, filings suggest
Hong Kong-headquartered Tor Investment Management has raised nearly $1 billion for its Tor Asia Credit Fund

AB raises $83 million for its second US direct lending fund
AB Private Credit Investors, the middle market direct lending platform of AllianceBernstein, has launched its second middle market fund 

Pacific Advisors receives $220 million inflows for credit fund
California-headquartered Pacific Advisors has raised at least $220 million for its second private credit offering

Ironwood exceeds $400 million target for fourth mezzanine fund
Connecticut-based private equity firm Ironwood Capital has held a final close on Ironwood Mezzanine Fund IV