Hermes partners with another three banks to deliver European direct lending fund
Hermes Investment Management has formed new lending partnerships with Danske Bank, DZ Bank and KBC Bank for its upcoming European-focused fund 

Manager targets €250 million for inaugural Italian direct lending offering
Milan-based Main Capital has plans to launch its inaugural Italian private debt fund, which will target €250 million capital commitments, according to Creditflux’s sister publication Unquote

Investec unveils unconstrained global credit fund for UK investors
“In a world of rising interest rates, and with the accompanying increase in volatility", Investec has launched a replica of its Investec Global Total Credit Fund - this time for UK investors

Rothschild holds €655 million close for European mid-market loan fund
Rothschild Merchant Banking has closed its European mid-market direct lending fund, Five Arrows Direct Lending, with €655 million capital commitments

Muzinich edges nearer to final close for pan-European debt fund
Corporate debt specialist Muzinich & Co has held a third close for its pan-European private debt fund with €460 million in capital commitments

Manager holds first close for £500 million UK real estate debt fund
London-based TH Real Estate, an affiliate of Nuveen, has held a first close of its second global real estate debt fund

Carlyle and Oppenheimer opt for interval fund structure as part of JV
The new private credit fund will invest at least 80% across loans and structured credit (Including CLOs), opportunistic credit, direct lending and liquid credit, SEC filings reveal

Amundi expands real estate debt platform
Paris-headquartered Amundi has launched a commercial real estate debt strategy, which will offer exposure to Eurozone senior real estate debt

Alcentra holds $513 million close for CLO-focused fund
Alcentra has held a final close on its third structured credit opportunity fund with $513 million capital commitments - which has the ability to invest in US and European CLO equity, mezzanine tranches and warehouse capital 

Madrid manager holds €50 million first close for sponsorless lending fund
Sponsorless investing proves popular with investors, as Trea holds a €50 million first close for its second direct lending fund - two months after launching 

SVP closes fourth global special situations fund at its $2.85 billion hard cap
Distressed and special situation specialist Strategic Value Partners has held a final close for its fourth special situations fund, hitting its hard cap with $2.85 billion capital commitments

BNPP AM produces its own Novo loan fund to target French mid market firms
BNP Paribas Asset Management has launched a new business loan fund, BNP Paribas Novo 2018, backed by the French Insurance Federation and French public sector investment fund.  

Ares targets €4.5 billion for fourth European direct lending fund
Los Angeles based Ares Capital Management has launched its fourth European direct lending fund, Ares Capital Europe IV, with a €4.5 billion target size, SEC filings show

Fulcrum launches new multi-strat fund with daily liquidity
Fulcrum Asset Management has launched TM Fulcrum Diversified Liquid Alternatives Fund, which will invest across real assets, alternative credit and diversifiers

US pension fund backs ICG's global mid market offerings
London-based Intermediate Capital Group has won further commitments from US pension funds for middle market credit investing

Oaktree raises at least $2.1 billion for second real estate debt fund
Los-Angeles Oaktree Capital Management has beaten its original $1.75 billion target size for Oaktree Real Estate Debt Fund II, US SEC filings reveal

Pictet launches Asian corporate bond fund
Geneva-headquartered Pictet Asset Management has launched a Ucits-compliant Asian corporate bonds fund

Tikehau raises over €200 million for French loan fund
Paris-based Tikehau has launched its latest Novo fund, which is endorsed by the French Insurance Federation

Selwood launches $300 million credit fund on Deutsche platform
Deutsche Bank’s liquid alternative platform and credit specialist Selwood Asset Management have teamed up to launch a Market Neutral Credit Ucits strategy, the firms announced.

Zencap looks to raise €200 million for its third infra debt fund
French alternative investment boutique Zencap Asset Management is launching its third senior infra debt fund with a €200 million first close target, the firm announced on Friday.

Manager raises €300 million for agriculture-focused credit fund
Paris-headquartered fund manager Céréa Partenaire has held a €300 million first close for its second debt fund, less than seven months after fundraising began

Amundi begins marketing European loan fund
Paris-headquartered Amundi has launched a loan fund targeting LBO-related opportunities

Former BlueBay team raise €280 million for debut credit fund
Dublin-headquartered DunPort Capital Management has announced a close for its credit fund, Elm Corporate Credit fund, with €280 million capital commitments

German firm holds first close of direct lending fund at €300 million
Frankfurt-based Rantum Capital has launched a second subordinated loan fund, a direct lending strategy called Rantum Private Debt Fund II

Credit Suisse and Carmignac team up to launch emerging markets fund
Credit Suisse has partnered with the French asset manager to launch a new multi-asset fund which has about two-thirds of its holdings in bonds