ICG reports €4.8 billion of inflows over three months after direct lending success
Intermediate Capital Group has released its quarter end results - showing strong inflows and deployment

Ares launches "largest ever" European direct lending fund with up to €10 billion to invest
Ares Management has held the final close on what it claims to be the largest European direct lending fund raise ever

BNP Paribas AM launches UK SME direct lending fund
The new direct lending fund aims to disrupt a segment of the market that is underserved by asset managers and banks  

Pearl Diver launches new CLO funds and expands into US with New York office
CLO equity investor Pearl Diver Capital is in full-on expansion mode with the launch of new funds and the opening of its US office in New York

BlackRock holds €1.1 billion final close for inaugural mid market fund
BlackRock has held a €1.1 billion close for its inaugural middle market private debt fund – exceeding its initial €750 million target.

German asset manager launches CLO-focused Ucits fund
UniInstitutional Structured Credit, managed by Frankfurt-headquartered Union Investment, will invest in a portfolio of securitisations, with a strong focus on CLOs  

BlueBay aims to capitalise on volatility with diversified alternative credit fund
The new Icav QIAIF will invest in a range of sub-strategies including global credit alpha, global long/short, event driven credit and emerging market credit alpha

Capital Dynamics registers debut direct lending fund
Zug-based Capital Dynamics is looking to launch Capital Dynamics US Middle Market Credit Fund after establishing a private credit business over the last 12 months

Hayfin looks to launch third European direct lending vehicle
European credit specialist Hayfin Capital Management is looking to launch Hayfin Direct Lending Fund III, according to regulatory filings 

LCM Partners acquires €300 million Spanish NPL portfolio
European alternative investment manager LCM Partners has acquired €300 million of Spanish non-performing SME loans from Barcelona-based Grupo Cooperativo Cajamar

Brunswick holds €640 million final close for Nordic real estate debt fund
Nordic real estate lender Brunswick Real Estate Capital has held a final close for its second senior debt fund, with capital commitments reaching over SEK 6.6 billion (€640 million)

Michigan pension fund looks to commit $80 million to debt funds
The $114 billion Michigan pension fund is looking to commit to two private debt funds managed by London-based Kreos Capital and New-York headquartered MidOcean Credit Partners

HSBC Global launches three Icav fixed income funds
The three fixed income funds will sit on HSBC's new Dublin-domiciled Icav platform aims to facilitate access to funds globally 

AB targets financials with new global credit fund
Global investment manager AB (previously known as AllianceBernstein) has today announced the launch of a new global Ucits credit fund – AB Financial Credit Portfolio

Highland launches CLO Ucits fund
Dallas-headquartered Highland Capital Management has launched a new Dublin-domiciled Ucits fund, which will focus on CLO debt

JP Morgan launches four fixed income ETFs
"We see particular opportunities for growth and adoption of fixed income strategies within ETFs which is why we’re heavily investing in this space” 

EM manager takes assets across two funds to $1.4 billion after big inflows
Two funds managed by a New York-headquartered firm have reached a combined $1.4 billion after big inflows

Lombard Odier mandates US manager for emerging markets debt fund
Swiss private bank Lombard Odier has selected a Los Angeles-based manager for a new emerging markets debt fund 

Swiss manager launches agriculture-focused impact debt fund
Zurich-based responsAbility Investments has launched its second open-ended private debt fund, which will invest in sustainable agriculture and development

Patrimonium holds first close for two European direct lending funds
Direct lender Patrimonium Asset Management has held a first close for two of its direct lending funds, Creditflux has learned.

RM launches “highly defensive alternative fund” with 7-8% total return target
London-headquartered alternative credit fund manager RM Capital has launched a “highly defensive alternative fund”, VT RM Alternative Income Fund, which it claims to be the first of its kind

London pension funds pick CQS as first manager for new credit fund of fund
London Collective Investment Vehicle (London CIV), a fund for London pension funds, has announced the launch of its first fixed income offering – LCIV MAC fund

IW launches first UK SME senior debt fund
London-headquartered IW Capital has launched its first  £4.5 million senior secured debt fund, which will invest in UK SMEs 

Spire moves into CLO investing with new credit fund
European corporate credit specialist Spire Partners has raised roughly €100 million for a multi-strategy fund that will have the ability to invest in CLOs

Real estate debt takes off as funds raise billions
Octopus's Ludo Mackenzie on why real estate debt is attractive: “In absolute terms, property yields are close to where they were in 2007, which would imply that the asset class is fully priced. In relative terms, however, compare commercial property yields to the risk-free rate and there is a healthy margin of around 3.5%.”