Montana pension fund allocates to new Asia direct lending fund
Montana Board of Investments has allocated $30 million to an Asia-focused direct lending fund, according to documents seen by Creditflux

Ares earns support for credit strategies with $3.9 billion raised in Q2
Credit has been the most popular segment of Ares Management’s business with the firm raising $3.9 billion in various credit strategies during the second quarter

Wealth manager prepares second private credit fund
Boutique asset manager Paragon Advisors is preparing to launch a $20 million private credit fund

WhiteHorse clears initial hurdles on route to commingled lending fund
WhiteHorse Capital is galloping towards the launch of its first commingled direct lending fund in the US

US pension fund puts $250 million into direct lending
The Michigan Department of Treasury has emerged as a big investor in a new direct lending fund

Beechbrook “sponsorless” direct lending fund makes its first three loans
Beechbrook Capital says it could raise as much as £200 million ($283 million) for a new UK small cap direct lending fund

New Solvency II capital rules drive insurers towards direct lending
Growing numbers of insurers are looking to get involved in Europe’s direct lending market to take advantage of a regulatory arbitrage

US credit manager plans $600 million mid-market fund
An experienced US private debt specialist is earning commitments for its upcoming fund

Former Credit Suisse officials plan $500 million direct lending fund
A US credit manager, launched by a team of senior former Credit Suisse officials, are launching a new private credit fund

Europe’s direct lenders go east for emerging market opportunities
Logos Capital Partners prepares €500 million fund for east European loans

Direct lender targets €1.5 billion special opportunities fund
A large direct lending firm has made significant progress as it aims to launch a special opportunities fund geared towards Europe's middle market

Alcentra wins new US pension allocation for euro direct lending fund
East coast pension scheme opts for leveraged and currency-hedged version of Alcentra's second dedicated direct lending fund

TCW raises new funds as managers look for juicy yields in direct lending
TCW has secured big mandates from two US state pension funds in the past few weeks for its fast-growing direct lending business

UK pension funds pile into direct lending
UK pension funds are emerging as some of the biggest recent investors in direct lending funds, according to a specialist in the sector

Alcentra pulls in $110 million from US pension fund for direct lending
Alcentra has secured a further boost to its direct lending business in Europe, after a large California pension fund agreed to put $110 million into its latest fund

Direct lending giant looks to take fund to €3 billion
A large European asset manager is looking to earn another €500 million in commitments for a giant direct lending fund