KKR receives USD 75m commitment for direct lending fund
A US pension fund has made a USD 75m allocation to KKR's evergreen strategy focuses on US upper middle-market borrowers

Kennedy Lewis closes USD 4.1bn opportunistic credit fund
Kennedy Lewis Investment Management has closed on its Kennedy Lewis Capital Partners Master Fund III at USD 4.1bn, exceeding its USD 3bn target

New Mexico sovereign wealth fund commits USD 250m to distressed fund
The New Mexico State Investment Council approved a commitment of up to USD 250m to a distressed opportunities fund during its 24 October meeting.

Brookfield infra debt fund beats fundraise target
Brookfield Asset Management has held an above-target final close for its third infrastructure debt fund, in a sign of strong appetite for debt in contrast to tough fundraising conditions in infrastructure equity

Ares raises USD 6.6bn for asset-based credit fund
Ares Management Corporation revealed the final close of its asset-based private credit fund Ares Pathfinder Fund II, reaching its hard cap at USD 6.6bn in commitments

Ann Arbor retirement system approves commitment to direct lending fund
The City of Ann Arbor Employees' Retirement System approved a USD 7m commitment to the PIMCO Private Income Fund

New Hampshire retirement system commits to opportunistic debt fund
The New Hampshire Retirement System unanimously agreed to commit USD 50m to the distressed debt fund

Oak Hill raises USD 2.3bn for distressed fund
Oak Hill Advisors secured USD 2.3bn in equity commitments during the final close of its distressed investment fund, the OHA Strategic Credit Fund III

Hamilton Lane secures USD 290m for two private credit funds
Two funds raised by Hamilton Lane will be used to provide loans to lower middle-market companies in New York State

Florida-based pension commits USD 20 million to direct lending fund
The Jacksonville, Fla. Police and Fire Pension Fund approved a USD 20m commitment to a diversified lending fund

Allspring doubles down on funds promoting reduced carbon emissions
Allspring Global Investments has expanded its portfolio of climate transition funds with the launch of its third climate transition fixed income fund

Ohio pension fund commits $50 million to credit fund
The commitments mark the second time this year the Ohio-based system has allocated funds to private credit. 

AllianceBernstein wins mandate for New Mexico high-yield strategy
The State of New Mexico State Investment Council named AllianceBernstein as the new manager of its short-term high yield strategy during its 26 September meeting

Alternative investment firm Värde raises nearly $1.5 billion for fund
Capital for the asset lending fund came from institutional investors from around the world

Maryland pension system commits hundreds of millions to credit funds
The Baltimore-based pension system made commitments to five private debt funds between June and September of this year

California retirement association commits up to $62 million to credit fund
San Joaquin County Employees' Retirement Association has committed up to $62 million to direct lending strategy

Monomoy Capital Partners' credit fund boasts $300 million in commitments
Monomoy secures $300 million for Monomoy Credit Opportunities Fund II 

Louisiana retire system commits $100 million to direct lending fund

The Louisiana Teachers’ Retirement System puts $100 million into direct lending fund. 

Kansas City Police Retirement System focuses on private credit
Ares has been hired by the organization to manage some of its private credit portfolio as it increases allocations to the strategy 

San Antonio Fire & Police deploys another $30 million to direct lender
The pension fund made its 10th allocation to a manager that focuses on venture debt investments to early-stage tech and life sciences companies

Ohio Police & Fire commits $50 million to private credit
Ohio Police & Fire pension system makes first private credit commitment for the year to a Barings fund

Ares scores $200 million for third senior direct lending fund
The Los Angeles-based alternative asset manager received a commitment from a Phoenix-based pension plan

Illinois Municipal Retirement Fund sinks hundreds of millions into credit funds

The Illinois Municipal Retirement Fund has invested more than half a billion dollars into several credit and direct lending funds

New Mexico State Investment Council commits $150 million to infra debt fund
The New Mexico sovereign wealth fund approved a $150 million allocation to the Newmarket International Infrastructure Finance Company IV 

Ares second Pathfinder credit fund nears $5 billion target
Ares raised an additional $1.8 billion in 2Q23 for asset-backed fund