Alcentra raises €690 million for closed-end credit fund
BNY Mellon subsidiary Alcentra has closed its Clareant Strategic Credit Fund with sales of €690 million. The vehicle, which originally had a target size of €500 million, is dedicated to opportunistic investing in the loans, bonds and structured credit of European companies

Candriam launches €107 million global bond fund
European asset manager Candriam has launched a €107 million total return bond fund that invests in sovereign bonds, corporate credit and currencies across both developed and emerging markets

Neuberger Berman targets corporate credit with $1.1 billion fund
Neuberger Berman closed a new credit fund yesterday, according to a statement from the firm

Apollo's total return credit platform makes huge strides with $1.8 billion of inflows
Apollo's credit business increased by $10.3 billion in Q2 and total return credit is quickly becoming a key component of this credit platform

Carlyle raises $1 billion for credit opps and structured credit funds
Carlyle Group’s has reiterated over the last several months that it sees huge potential in the credit market, and it is now experiencing joy on the fundraising trail

Time-saving hedge fund platforms stop opportunities evaporating
Lengthy commitment periods and drawn-out negotiations between institutional investors and fund managers could be a thing of the past thanks to a wave of multi-manager hedge fund platforms

Fishknife: Interval funds are a step in the right direction
They bring their own dangers, but interval funds are a better vehicle for managing illiquid credit than conventional funds

GoldenTree squares up for huge credit interval fund launch
GoldenTree Asset Management has partnered with a retail distribution giant on the latest example of a credit interval fund, according to SEC filings

Eaton Vance targets global credit with new Ucits fund
Eaton Vance Management has announced the launch of Global High Yield Bond Fund

Highland shelves plans for format switch as interval funds gather pace
Instead of converting a mutual fund into an interval fund, Highland is looking to launch an interval fund - viewed as a investor-friendly alternative to BDCs - from scratch 

Investing ethically is worth it
Managers could see less volatile returns as a result of their increasing adoption of ESG-friendly portfolios; meanwhile direct lending is spreading across Europe

KKR ex special situations head assembles team for new credit fund launch
The former head of KKR’s European special situations business, Mubashir Mukadam, has joined forces with two other experienced credit professionals to launch a new firm in 2017

Chenavari business development head joins start-up credit manager
A new credit manager - which is close to securing €1 billion of pension fund seed money - has hired an experienced marketing specialist

Head of loan trading leaves CLO manager in London
An experienced loan trader has left a European credit and CLO manager after serving 15 years at the firm

Credit managers go shopping for marketers in fundraising spree
Buy-side firms are recruiting marketing executives for credit fundraising at a record pace

Fund manager will close as insurance money dries up
UK firm closes after failing to build on seed investment

Pension giant backs Rokos hedge fund launch
A hedge fund being launched by former Brevan Howard partner Chris Rokos has received backing from a large pension fund