Canadian firm holds high hopes for cannabis-focused infrastructure fund
Direct lending firm Bridging Finance hopes its new fund – which will be focused on private debt loans related to the cannabis sector – doesn't go up in smoke

Crestline targets up to $500 million for new portfolio financing fund
Credit specialist Crestline Investors is launching a new fund to provide financing solutions to mature private equity funds, according to documents seen by Creditflux

Bitcoin-focused Denver manager markets two blockchain funds
Denver-based Salt Blockchain Asset Partners, which focuses on the digital asset sector, appears to be marketing two funds

Toronto manager raises $260 million for debut direct lending fund
The investment arm of Power Corp, Toronto-headquartered Sagard Holdings, has raised about CAD325 million ($260 million) in the first close of a debut direct lending fund

Hamilton Lane holds first close of newest credit fund at over $16 million
The Pennsylvania asset manager's lastest credit fund was launched last year, making its first sale on 20 December, according to regulatory filings

San Francisco-based direct lender passes original offering cap
San Francisco-based direct lender Tree Line Capital Partners appears to have raised $81 million for its Tree Line Credit Strategies fund, which originally had a total offering amount of $75 million, Creditflux understands

Ironwood raises at least $162 million for new mezz fund
Connecticut-based Ironwood Capital has raised in excess of $162 million for its latest mezzanine fund – Ironwood Mezzanine Fund IV, according to recent SEC filings.

Manager unleashes new Hunting Dog credit fund
Hunting Dog, a firm which prizes canine-like traits such as discipline and perseverence, is marketing a new direct lending strategy

Peak Rock brings in $1.3 billion for mid market fund
Austin-based Peak Rock Capital has closed its second fund at hard cap $1.3 billion, exceeding its target of $900 million

Barings secures $1.85 billion for private loan fund after support from 45 investors
Global asset manager Barings has held the final close of its North American Private Loan fund, securing $1.85 billion in capital commitments, according to a press release

French direct lender closes real estate debt fund below target
French direct lending specialist Zencap Asset Management has closed its second real estate debt fund on €245 million

KKR raises $2.24 billion for second private credit opportunities fund
Global investment firm KKR has announced the final close of its second private credit opportunities fund, KKR Private Credit Opportunities II, at $2.24 billion

Aviation fund takes off with $250 million
A North Carolina-based manager has hit the hard cap for its new aviation fund, collecting capital commitments of $250 million

TCW seeks to ramp up potential BDC
TCW is ramping up a new fund that intends to operate as a business development company (BDC) – having just hired a TCW affiliate as investment advisor and manager

Angel Oak exceeds $250 million target for inaugural mortgage credit fund
The Altanta-based manager has held a final close on its first private debt fund, recieving capital commitments of $291 million 

Goldman Sachs BDC and university endowment extend JV’s investment period
A joint venture between Goldman Sachs BDC and University of California Regents has extended its investment period for two months, regulatory filings show

Direct lending leverage takes off
HPS, NXT and Crescent target mid market with leverage in Q4. By Grace Jennings-Edquist

Church Pension looks to the heavens and gives its blessing to solar debt fund
New York-headquartered Social Investment Managers & Advisors (SIMA) has won a $17 million mandate from the Church Pension Fund for its Off-Grid Solar Debt Fund 

Guggenheim announces $2 billion final close on latest private debt fund
Guggenheim Partners Investment Management has held the final close for its latest private fund structure focused on investing in private debt, exceeding its initial $1.5 billion target

Michigan pension fund commits $570 million to four credit fund managers
The State of Michigan Retirement Systems has revealed commitments of over $570 million to credit funds over Q3 2017, according to board documents

Ares's $3.4 billion direct lending fund raise brings hordes of new investors
60% of the investors in Ares's new direct lending fund are new to the firm, according to an announcement by the firm

EQT raises €1.3 billion for its latest credit opps fund
EQT has rounded out 2017 with a final close on its private credit fund at €1.3 billion

Life sciences investment firm raises $154 million from share issue
BioPharma Credit, an investment company focused on the life sciences industry, has raised approximately $154 million to fund future investment opportunities and commitments already made

London direct lender seeks more than €1 billion for strategic credit fund
According to a market source, Pemberton's latest strategc credit fund is aiming to raise at least as much as its inaugural fund, which last year raised €1.2 billion from 27 investors

Wisconsin pension fund commits to PE firm's debut credit strategy
A Houston-headquartered asset manager has recieved a $50 million commitment for its inaugural credit fund, which has a target size of $225 million