Pemberton launches second senior loans fund
Pemberton Asset Management is launching a successor European senior loans fund, having registered Pemberton Senior Loans GP II with Luxembourg regulators in October

Sona rolls out event-driven and bespoke financing fund to US investors
Sona Asset Management is courting investors in the US for its second capital solutions strategy, having filed an offering of the fund with the Securities & Exchange Commission

BNP Paribas and LFIS join forces on QIS fund
BNP Paribas’ quantitative investment strategies unit has partnered with LFIS Capital for a market neutral fund

Axa IM and InPact close €395m global revolving credit facility fund
AXA Investment Managers and InPact Partners have closed their second vintage revolving credit facilities fund, RCF II, with over €395 million in capital commitments

Aeon prepares for series of UK CRE CLOs after signing £900m warehouse
Aeon Investments has closed a £900 million (€1,025 million) CRE CLO warehouse, which it says is backed by three loans

Infra specialist makes first SRT investment
An affiliate of Nuveen says it has invested in an SRT for the first time

DWS hires regional heads for direct lending business
DWS Group has unveiled two senior appointments to it European direct lending team

Credit funds at a glance (October 2022)
A round up of fundraising and people moves in credit
 

   

Boutique London asset manager launches open-ended direct lending fund
Stafford Capital Partners has launched an open-ended direct lending and speciality finance fund

LP round up: $2.7bn flows to 20 credit managers as investors battle PE overallocation
Investors faced huge headwinds in September with inflation, rising interest rates, and geopolitical turmoil, alongside the UK gilts sell-off at month end

Glennmont raises €250m for renewable energy credit fund
Glennmont Partners has raised €250 million for a fund that will invest in renewable energy and sustainable infrastructure

GoldenTree hits $3bn hard cap on distressed debt fund
GoldenTree Asset Management says it has closed its latest distressed debt fund, Distressed Fund IV, at its $3 billion hard cap

Capital Four closes €1.5bn direct lending fund 'more than 90%' deployed and launches successor
Capital Four had collected €1.5 billion on a final close of its third senior private debt fund, Capital Four Private Debt III – Senior, exceeding its initial €1 billion target

Nomura readies multi-strat credit interval fund launch
Nomura Private Capital is readying the launch of a new, closed-ended interval fund which will invest across the credit spectrum - including bonds, loans, CLOs, distressed debt emerging market debt

LGT to expand its impact investing framework into private debt
LGT Capital Partners is seeking to expand its private debt offering with a new impact focused fund named Crown Impact Private Debt

Ninety One holds first close on first private debt fund targeting sponsorless loans
Ninety One has made a breakthrough in its bid to build out a European private credit offering by holding a first close on a fund that will lend to sponsorless borrowers in Europe

Arcmont raises €800 million for first capital solutions offering
Arcmont Asset Management has raised €800 million for its first capital solutions fund (including associated vehicles)

Oaktree launches global high yield Ucits fund with low-carbon emissions focus
Oaktree has launched a global high yield responsible Ucits fund, which it says will offer investors the “opportunity to gain exposure to the asset class while promoting progress toward a low-carbon economy.”

Ironshield hires Palm Lane official to co-lead new European long-short fund
Ironshield Capital says it has launched a new European high yield long/short Ucits compliant fund and has hired a former Pamplona and Palm Lane official to co-lead the strategy

Mandatum launches open-ended European leveraged loan fund
Sampo Group and Kaleva Mutual Insurance Company have provided seed capital to the Article 9-aligned vehicle and will additionally co-invest alongside the sub-fund in underlying loans and bonds

Apera readies third European private credit fund
The launch of the new fund comes 14 months after it closed its second private credit fund 

LP round up: Magnetar and Värde among winners as $3 billion flows to credit
Institutional investors allocated at least $3 billion to credit funds in August

Swedish direct lender raises €684 million for sustainability-linked deals
P Capital Partners has completed the final close of a European direct lending fund that supports borrowers’ transition to sustainable business models

LP round up: private credit takes big slice of inflows as 10% portfolio share projected for 2026
Institutional investors revealed nearly $4 billion allocations to credit funds in July, with recipients including Angelo Gordon, Apollo, Ares, BlackRock, Brookfield, CarVal, Comvest, Deerpath, KKR, Schroders and Sixth Street

HPS launches sixth direct lending fund
The firm's previous fund in the series closed in September with over $15 billion of investable capital