Schroders holds second close on private credit fund of funds "driven by UK pension demand"
Schroders says a growing demand from UK pension funds for diversified private credit exposure has helped the firm hold an £85 million second close on its private credit fund of funds, Schroders Capital’s Multi Private Credit Fund

Alantra makes breakthrough in real estate debt with €132 million fund raise
Alantra says it has held a €132 million close on a first real estate debt fund, just €8 million short of its hard cap. Alteralia Real Estate Debt FIL had an initial target of €100 million and will invest predominantly in Spain (60%)

Five Arrows hits 40% deployment on new €1.4 billion direct lending fund
Rothschild has held a €1.4 billion final close of its third European direct lending fund, Five Arrows Debt Partners III

Vanguard opens subscriptions for core-plus bond fund
Vanguard Core-Plus Bond Fund builds on the firm's original Core Bond fund but with greater exposure to high yield and emerging markets investments

Francisco Partners keeps 100% investor retention for second $2.2 billion credit fund
The firm’s second technology-focused opportunistic credit fund hit its $2.2 billion hard cap - and the firm says all investors in its first fund invested in the follow-up 

Credit funds at a glance (October 2021)
A round up of fundraising and people moves in credit

Big name family business lines up corp hybrids fund
Edmond de Rothschild Asset Management (Edram) plans to launch a corporate hybrid fund and has hired Alex Eventon to lead the effort

Credit Fundraising: September breaks 2021 record and poses question - is it sustainable?
The third quarter ended with $36.5 billion being raised in credit last month, doubling July and August figures. Several of the new funds have embedded Sustainable Finance Disclosure Regulation or ESG criteria at the heart of their investment thesis   

Squarepoint takes over from CSAM as it supports star trader's new long-short credit fund
Arini, led by highly regarded former Credit Suisse trader Hamza Lemssouguer, has found support in Squarepoint Capital as it launches its first European credit fund

M&G launches ESG loan fund with Prudential UK and Kapan backing
M&G has launched a leveraged loan fund focused on environmental, social and governance

CIFC launches $2bn loan SMA with Texas pension fund
CIFC Asset Management has teamed up with Teacher Retirement System of Texas to launch a separately managed account named Texas Debt Capital LP to invest in senior secured loans

Manager wins £1.7 billion IG credit mandate from UK's St James’s Place
The UK wealth manager has awarded a £1.7 billion ($2.28 billion) global invevstment grade credit mandate

HPS closes $15.4 billion direct lending fund as deployment hits 60%
HPS Investment Partners has closed its fifth direct lending fund with $11.7 billion of investor commitments. Creditflux understands this is nearly double its $6 billion original hard-cap

Allianz holds €500 million first close on private credit fund of fund
The vehicle, which has a €1.5 billion target, invests jointly with Allianz

Amundi focuses on ESG-linked margin ratchets in €1 billion private debt fund
Amundi has become the latest manager to place a focus on ESG-linked margin ratchets on its fourth private debt fund, which has a €1 billion target 

Cheyne puts focus on ESG-linked loans for new €1 billion strategic credit fund
The London-based manager held a €1 billion final close on its second strategic credit fund in the series, Cheyne European Strategic Value Credit Fund II, which it says took less than six months following its first close

HIG closes €2 billion 'inaugural' European mid market fund
HIG Capital has held a €2 billion final close on what it says is its first European middle market fund

DunPort reaches €255 million first close for UK and Ireland direct lending fund
Ireland Strategic Investment Fund is among the investors backing the UK and Ireland-focused lower mid market direct lending fund 

Credit funds at a glance (September 2021)
A round up of fundraising and people moves in credit

Tikehau wins €350 million mandate to manage Belgian direct lending fund
The €350 million fund will invest in subordinated and convertible loans to Belgian companies hurt by the covid-19 pandemic over the next five years

Credit Fundraising: Blue Owl and WhiteHorse gain from improving animal spirits
Fundraising perked up in July as managers raised $14.9 billion for credit funds - the third highest monthly amount this year

Credit manager beats 25 to win £2.1 billion corporate bond mandate
UK pension pool Brunel Pension Partnership has selected a credit manager to manage its £2.1 billion ($2.9 billion) sterling corporate bond sub-fund

Credit funds at a glance (August 2021)
A round up of fundraising and people moves in credit

Eurazeo closes €1.5 billion European direct lending fund and readies next one
Eurazeo has closed its fifth European direct lending fund, Idinvest Private Debt V, at €1.5 billion

Tikehau retains 68% of investors for second €617 million special opps fund
Tikehau Capital has closed a second special opportunities fund at €617 million - and says 68% of commitments in Fund II were re-ups from investors in Tikehau’s inaugural special opportunities fund