CVC closes latest European direct lending fund with EUR 10.4bn
The firm’s fourth fund, EUDL IV, has already committed to more than 30 investments

European Investment Fund backs Kartesia’s asset finance fund
The EIF has invested EUR 50m in the Flexam Invest-managed Kartesia Asset Finance III fund, bringing the fund’s commitment to almost EUR 200m.

Park Square raises EUR 4bn for junior debt strategy 
The firm’s latest fund, Park Square Capital Partners V, surpassed its initial target and is significantly larger than the EUR 2.2bn predecessor fund

Pemberton raises USD 1.7bn for NAV lending to private equity firms
The London-based private credit shop has met its fundraising target for its debut NAV Financing Core Fund I

ADIA invests in Oak Hill Advisors for European special situation strategy
EXCLUSIVE: Abu Dhabi’s biggest sovereign wealth fund makes “significant investment” that will provide Oak Hill Advisors flexibility financing to corporates and real assets in Europe

Hunter Point, Temasek take minority stake in Nuveen Private Capital
US-focused private credit manager Churchill and European direct lender Arcmont, which comprise Nuveen Private Capital, plan to launch new investment strategies.  

Park Square launches dedicated US private credit strategy
EXCLUSIVE: The London-based private credit manager is aiming to raise USD 500m to USD 750m for the debut fund

ICG raises EUR 6bn for European hybrid private debt fund
EXCLUSIVE: The private credit manager expects the fundraising figure for the flexible, corporate private debt strategy to hit EUR 7bn this autumn.

CVC raises USD 700m for CLO equity fund, plans new products
The European private credit manager also expects to hold a final close for its European Direct Lending Fund IV in late 3Q

HIG WhiteHorse corrals USD 5.9bn for US direct lending
The latest fund will be used to originate senior-secured loans for both sponsored and non-sponsored corporate borrowers

PGIM closes sophomore senior debt fund with USD 4.2bn
The commingled, private fund will be used to lend to middle-market companies across North America, Europe and Australia

17Capital raises USD 5.5bn for NAV lending to private funds
The alternative credit firm claims its 17Capital Strategic Lending Fund 6 is the largest NAV lending fund seen in the market to date

Partners Group raises more than EUR 1bn for European direct lending
The senior direct lending strategy raised capital across a traditional closed-end fund and customized mandates

Pantheon closes oversubscribed private credit secondaries fund
The secondaries specialist raised USD 2.2bn for its Pantheon Credit Opportunities III fund and related vehicles

Kartesia completes EUR 1.3bn fund close; almost half raised from new investors
KCO VI also saw “significant growth” in commitments from private wealth investors, which accounted for more than 20% of the fund’s total capital

Apera secures EUR 2.9bn for European lower middle market lending
The fundraise for Apera Private Debt Fund III is double the size of its predecessor vehicle

BC Partners secures USD 1.4bn for flexible, opportunistic credit
The private credit arm of the firm held a final close for its Special Opportunities Fund III

AlbaCore launches debut senior direct lending fund with backing from ADIA, MUFG
EXCLUSIVE: The new fund, which already had a first close of USD 1.8bn, will fundraise throughout this year with final close planned for 2026

Marathon ditches distressed strategy to raise USD 2.7bn for opportunistic credit
EXCLUSIVE: The asset manager originally launched the fund with a distressed debt strategy but has since switched the focus to making opportunistic private credit and equity investments  

ICG raises EUR 3bn for junior private debt, equity
The global alternative asset manager will invest in middle market companies across Western Europe

Ares raises biggest ever European private credit fund

CVC blows past fundraising target on its European direct lending fund
The alternative investment manager has already increased the fundraising target once for the 2023 vintage fund  

Tikehau raises EUR 1.2bn for European special opportunities credit
The third vintage fund held a final close, surpassing the fundraising target

Private credit firms raise funds beyond flagships
Private credit firms are raising eye-watering amounts to lend to companies — but they are increasingly doing so outside their flagship funds in order to attract institutional investors.

Candriam, Kartesia will open new ELTIF private credit fund to institutional investors
ELTIF products are usually marketed toward individual investors but this new fund will also be open to institutions