Owl Rock BDC assets swell by $1.26 billion in 12 months
Owl Rock’s first business development company has increased its total assets by $1.26 billion and its net assets by $790 million in over just one year, filings indicate

UK pension mega-fund to increase credit allocation following equity reduction
One of the UK's largest pension funds looks set to increase its allocation to credit after reducing its equity allocation by 15%

US pension fund commits to ICG's latest European mid-market fund
London-based Intermediate Capital Group has started fundraising for its ICG Europe Fund VII fund – and recently received commitments of $75 million from a pension fund, according to filings seen by Creditflux

Private credit drives strong AUM growth for Tikehau
Tikehau Capital grew its AUM by close to 10% in the fourth quarter of 2017 – and private debt had the largest inflows of any of the firm’s asset groups last year

Carlyle’s direct lending BDC hits $2 billion, buoyed by inflows to credit fund
Carlyle’s Group’s direct lending business development company, TCG BDC, has announced a net increase in assets of $27 million for the most recent quarter

Chicago boutique debuts private credit fund
Northern Trust's alternative asset subsidiary 50 South Capital has launched a new private credit fund

Spanish direct lender launches second credit fund
Madrid-based direct lender Trea Asset Management has launched its second Spanish direct lending fund, market sources say

Oppenheimer and Carlyle launch global credit fund as part of JV
Carlyle Group and OppenheimerFunds International have filed to register the first fund product of their previously announced joint venture. The vehicle will invest in a wide range of credit products including CLOs, direct lending and opportunistic debt

Real estate lender closes two credit funds with backing of insurance company
RRA Companies, which invests in the US commercial real estate lending space, has revealed first closes for two of its funds that form part of the company’s CRE Credit Platform III

Real estate manager launches $1.5 billion credit fund
Utah-based Bridge Investment Group has launched its third direct lending fund, according to regulatory filings seen by Creditflux

Texas-based credit and real estate manager launches new fund
Hudson Advisors has launched a credit fund, according to regulatory filings seen by Creditflux

Bless the bonds down in Africa, urges Botswana firm launching two debt funds
An Africa-focused asset management company run by a former Investec and T Rowe Price professional is promoting the launch of one debt fund – and says it now plans to launch another

New York healthcare-focused direct lending boutique unveils new fund
A New York-based boutique is seeking $500 million for its second credit opportunities fund, a direct lending vehicle that has yet to make its first sale

Antares and Crescent win as Texas pension fund commits to direct lending
The sky is the limit for direct lenders, with Texas County and District Retirement System committing $253 million to that market

Real estate lending gains €700 million in six months for Paris-based direct lender
French alternative investments manager Acofi Gestion has raised €700 million of AUM for commercial real estate lending since July 2017

Investors swarm to healthcare direct lending fund led by Locust
New Jersey-based Locust Point Capital has raised about $96 million for a new private credit fund, regulatory filings show

Former Cion and Medley pair raise $75 million for new energy credit fund
New York-based Energy Impact Partners (EIP) has raised $75 million from one investor for its Energy Impact Credit Fund, according to a US SEC filing

Three Swiss banks team up to launch new private market fund platform
New investment boutique Hermance Capital Partners will focus on private equity, private debt and private real estate

Minnesota pension fund looks to commit $535 million to 'private credit'
Minnesota State Board of Investments has recommended investments worth $535 million to private credit, according to board documentation seen by Creditflux

European direct lender seeks €2.5 billion for new Luxembourg-based debt fund
London-based direct lender Pemberton is launching a new debt fund that will invest in mid-market European companies, Creditflux has learned

Chicago manager holds initial close for $1 billion private credit fund
Monroe Capital has held a $348 million initial close for its third private credit fund, which has a $1 billion hard cap, market sources say

Blackstone's GSO launches second credit alpha fund
GSO Capital Partners has launched its second Credit Alpha Fund, US SEC filings indicate

Manager launches eighth European leveraged loan fund with €300 million target
SCOR Investment Partners and private equity firm LBO France have partnered to launch a European leveraged loan fund seeking €300 million in capital commitments

Tree Line promotes MD to partner amid expansion of direct lending platform
Tree Line has promoted private credit specialist Frank Cupido to partner

Ares and Varagon expand direct lending JV to $6.4 billion
Ares Capital and Varagon have expanded their joint venture’s investment capacity by $3.5 billion