ICG's direct lending fundraise results in €5.2 billion of ‘dry powder’
London-based Intermediate Capital Group has announced a successful fundraise for the third vintage of its senior debt partners strategy

Manager raises $120 million for European credit opps fund to launch in Q4
A London-based alternative asset manager is set to launch a credit fund with a specialty finance focus and a target size of $750 milion

Swedish firm debuts direct lending fund with an eye on Scandanavian SMEs
A Swedish broker and asset manager has launched a new direct lending vehicle known as the Scandinavian Credit Fund I

Pension-backed manager launches debut credit fund at €855 million
A London-based boutique has raised €855 million for a credit fund, Creditflux has learned

Ares keeps up direct lending growth and plans new credit fund launch
Ares Management’s credit business just keeps growing, with the firm planning a new fund launch and a continued push into European direct lending, according to a recent results presentation

Manager looks to raise up to $500 million to invest in CLOs globally
A firm regarded as one of the biggest CLO mezzanine and equity investors in the market is launching its latest CLO strategy 

Amundi raises €665 million loan fund and expands in real estate debt
Paris-based Amundi reveals the final close of its third senior corporate debt fund and expansion of its real estate platform

New direct lending fund and CLO launch drive surge in manager's AUM
A European fund manager has seen its assets under management surge in Q3, thanks in large part to its private debt business

BlueBay launches Ucits bond fund
BlueBay Asset Management has launched a new global fixed income fund, with an eye on wealth managers

Aberdeen Standard aims to minimise interest rate risk with new bond fund
Aberdeen Standard Investments has launched a short duration corporate bond fund, just months after the completion of Aberdeen’s merger with Standard Life

CM-CIC Private Debt holds first close on large cap loan fund
French bank's asset management arm targets pensions and insurers with €400 million European loan fund

Crestline raises $1.3 billion for its latest credit strategy
Crestline Investors has closed its third credit opportunity fund, according to a press release. The firm states that Opportunity Fund III and related managed accounts secured over $1.34 billion of capital commitments

Aberdeen Standard holds first close on secured credit fund at £350 million
Aberdeen Standard Investments is looking to invest in real estate debt, infrastructure debt and other types of private credit

New European credit firm hires investor relations head from CQS after strong start
A recently-launched fund manager has hired from CQS after raising roughly €100 million for its debut credit opps fund

Alcentra continues hot fundraising streak with new global credit offering
BNY Mellon subsidiary Alcentra has attracted $140 million for a corporate credit fund

Cheyne raises $400 million YTD for corporate credit fund
Cheyne Capital’s 15-year investment grade corporate credit programme continues to grow its assets – with its 2022 vintage raising over $400 million from investors this year

Chenavari fund swells assets by $72 million following relaunch
Chenavari has grown assets of a long/short credit vehicle by more than $70 million following the vehicle’s relaunch last year, its co-manager says

Apollo teams up with Palmira to launch €1 billion joint venture
A new joint venture from Palmira Capital Partners and the Apollo European Principal Finance Fund III seeks to invest more than €1 billion in pan-European modern logistics facilities

Marathon fund doubles assets in six months
Marathon's Emerging Markets Bond Fund substantially increased its assets between March and September – more than doubling its AUM, according to estimated figures

Bain takes new route to NPL acquisitions as it strikes deal with Liberbank
Bain, Oceanwood and Liberbank are taking part in an unusual NPL deal referencing €602 million of assets

BNP Paribas vehicle raises €110 million in one month
The BNP Paribas Short-Term European Securitisation Fund has raised €110 million in just one month after picking up a triple A rating

Kartesia closes fourth credit opportunities fund at €870 million hard cap
European direct lender Kartesia has announced the final closing of its fourth fund at €870 million

Finnish firm to launch €300 million European direct lending fund of funds
Finnish firm Certior Capital is set to raise a new fund of funds with a hard cap of €300 million, company officials confirm

Hermes wins $400 million mandate to show investing ethically really is worth it
Hermes Investment Management has won a $400 million mandate to oversee a global high yield credit portfolio on behalf of Swedish pension fund giant Första AP-Fonden (AP1)

AEW and Natixis AM raise another €100 million for real estate debt fund
AEW and Natixis Asset management, both affiliates of Natixis Global Asset Management, have completed a third closing of Senior European Loan Fund II (Self II) following commitments from institutional investors in France, Germany and Italy