Credit fundraising: November marks turning point as fund launches spike
November was always set to be an important month as the world awaited the US election outcome and the results of covid-19 vaccine trials. This did nothing to slow down fund managers as 14 funds launched, up from only four funds launching in September and five in October

LP round up: Monroe and Angelo Gordon beat 25 for direct lending mandate, as private credit plans brew
US public pension funds have disclosed $1.2 billion in commitments to credit focused strategies

GoldenTree targets $900 million for latest structured credit fund
GoldenTree Asset Management is targeting $900 million for GoldenTree Structured Products Fund VII, which looks to be the firm's latest offering focused on structured credit

Indiana pension allocates $160 million to CLO dislocation strategy and real estate debt
Indiana Public Retirement System has allocated $160 million to two credit funds focused on CLOa and real estate debt, according to recently released board documentation

LP round up: $2.8 billion flows to credit as Apollo concedes fundraising may slow
Florida Retirement System Trust Fund made the largest commitments allocating $1.6 billion. Apollo meanwhile acknowledged a potential slowdown in fundraising as investors await results on an independent review into CEO Leon Black's relationship with Jeffrey Epstein

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

Credit fundraising: Dubai manager gets in on the act as direct lending takes off
Shuaa launches credit fund in the Gulf as Ares, Contingency, HPS and Perceptive are among those to close billion-plus funds

LP round up: EIF backs four debt funds while Carlyle wins $1 billion
Institutional investors have allocated just over $4 billion to 27 credit managers in October board meetings

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

Air Canada pension allocates $110 million to Pretium
Trans-Canada Capital, a newly-created investment management subsidiary of Air Canada based in Montreal, has allocated $110 million to Pretium Partners' opportunistic and structured credit strategy

Aegon targets ABS for new fund
Aegon Asset Management says it has launched a global ABS fund with a return target of Euribor plus 500 basis points

Sixth Street registers structured credit SMA
Sixth Street Partners has won a mandate to manage a structured credit separately managed account

Barings and PGIM win loan and structured credit mandates as pension puts £2.7bn in credit
The firms will manage global syndicated loans, securitised credit, emerging market debt and global high yield credit for Border to Coast Pension Partnership's £2.7 billion ($3.43 billion) multi-asset credit fund 

Onex prepares structured credit fund after making big CLO hire
Onex Credit Partners has launched a new structured credit offering, Onex Structured Credit Opportunities Fund, four months after hiring structured credit veteran Ronnie Jaber

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

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

New funds move in as tranche trades take off
Synthetic structured credit funds are proving popular with investors amid a spike in index tranche trading

LP round up: Oregon eyes $1.8 billion into structured credit
Institutional investors have earmarked over $6 billion to credit funds over the past two weeks

KKR closes CMBS risk retention fund at $950 million
KKR has held a $950 million final close on its risk retention real estate debt fund, KKR Real Estate Credit Opportunity Partners II

Whitebox targets $400 million for structured credit fund
Whitebox Advisors is looking to raise $400 million for its latest structured credit fund, Whitebox Advisors Term Credit Fund III, according to market sources

Canyon launches structured credit opportunities fund
Canyon Partners has amassed $113 million for its Canyon Structured Credit Opportunity Fund

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

Managers raise billions to take advantage of talf opportunities
Aegon, Payden & Rygel, Invesco, Morgan Stanley IM, Voya and Palmer Square are just some of the latest managers to have raised funds dedicated to the strategy 

LP round up: horseshoe does the trick for Pimco and other distressed managers
Institutional investors poured $2.7 billion into credit this week through 14 managers, according to board documentation seen by Creditflux

LP round-up: Champaign pension raises a glass (or bucket) to private credit
Institutional investors allocated over $600 million to 11 managers this week, according to board documentation seen by Creditflux