ADM launches $500 million renewable energy debt fund
ADM Capital Elkhorn Emerging Asia Renewable Energy Fund has received $100 million seed capital from the Asian Infrastructure Investment Bank

Credit funds at a glance (November 2020)
A round-up of fundraising and people moves

Edelweiss collects $900 million for Indian private credit fund
Canada’s Ontario Teachers’ Pension Plan Board, Florida’s State Board of Administration, Swedish Pension Fund AP4 and one European insurance investor were among the investors who allocated to the $900 million fund

Dubai manager launches first dedicated financing fund
Shuaa Capital has launched its first fund dedicated to financing opportunities in the gulf region

Barings inks partnership with Mubadala for European mid-market platform
Barings has teamed up with Abu Dhabi state fund Mubadala Investment Company to launch a new European middle market origination platform named Barings Mubadala Enterprise

Pimco appoints Sculptor veteran as head of private credit in Europe
Pimco has hired an experienced figure in the European credit markets as it seeks to grow its special situations business

CSAM strikes private credit partnership with Qatar Investment Authority
Credit Suisse Asset Management has signalled a big push into private credit, striking a direct lending partnership with its Quatari-based stakeholder Qatar Investment Authority

Credit funds at a glance (September 2020)
A round-up of fundraising and people moves

Private credit manager wins mandate to invest in Australia and New Zealand
Revolution Asset Management has won a co-investment mandate from QIC, an asset manager owned by the Queensland Government, to invest in credit assets originated in Australia and New Zealand

Credit funds at a glance (August 2020)
A round-up of fundraising and people moves

Prime launches global fund of niche credit funds
Prime Capital is preparing a new fund of niche credit funds in a strategy the firm has dubbed Liquid Alternative Credit Fund, and the Frankfurt-based manager will launch the fund with $30 million capital from three seed investors

Credit funds at a glance (July 2020)
A round-up of fundraising and people moves

Värde targets $1 billion for inaugural dedicated credit dislocation fund
Värde is seeking to raise $1 billion for its dislocation and distressed debt fund, according to an investor presentation seen by Creditflux. The firm is targeting a first close this month

Balbec holds $1.2 billion final close on fourth insolvency credit fund
Balbec Capital has held a $1.2 billion final close its fourth non-performing loan fund, InSolve Global Credit Fund IV

Oaktree mixes defensive with opportunistic in new fund for recent hire
Oaktree Capital Management has launched a standalone absolute return fixed income fund for recent hire Brad Boyd, according to market sources

PGIM prepares listed credit fund
PGIM is marketing a ‘flexible’ listed fund, dubbed PGIM Strategic Credit Fund , to invest at least 80% across fixed income

EnTrust aims to onboard $1 billion for maritime direct lending fund by June
EnTrust Global is targeting $1 billion for a maritime direct lending fund, Blue Ocean Onshore Fund, and anticipates a final close in June

Two managers beat 70 for £900 million emerging market bond mandate
LGPS Central has selected two external managers for its £900 million Global Active Emerging Market Bond Fund

Credit funds at a glance (May 2020)
A round-up of fundraising and people moves

Florida pension allocates $600 million to three credit managers
Florida State Board of Administration has awarded $600 million to three credit managers in the first quarter, according to a board update seen by Creditflux

Metrics pulls plug on direct lending fundraising
Australian direct lender Metrics Credit Partners has pulled the plug on fundraising for its listed private debt fund

Mercer puts private debt at heart of $2.7 billion fund of fund
Mercer has held a final close at $2.7 billion for a private markets fund that offers investors access to private debt and sustainable products  

Canadian pension launches $300 million private credit platform to invest in India
Caisse de dépôt et placement du Québec, the CAD 326.7 billion Canadian pension, has rolled out a $300 million private credit platform in partnership with Pirmal Asset Management to focus on private credit opportunities in India

ResponsAbility collects $151 million for impact private debt securitisation fund
Facebook, the European Investment Bank and the government of Luxembourg are just some of the investment sources for the $151 million clean energy impact debt fund. The fund is structured in a similar way to a CLO – with responsAbility offering investors various risk tranches 

Pimco launches listed multi-sector global credit fund
Known as Pimco Tactical Income Fund, the fund will invest in a range of global credit strategies and will list on the New York Stock Exchange