Maryland pension poised to invest $150 million with Minnesota manager
The Maryland State Retirement and Pension System has committed to invest $150 million with the Castlelake V fund, a market source confirms

Two Benefit Street credit funds close at hard cap
Benefit Street Partners has announced the final closing of its fourth flagship fund, Benefit Street Partners Debt Fund IV, as well as a close of its inaugural Benefit Street Partners Special Situations Fund

SkyBridge unveils $129 million of new investments with two firms
Two of the New York manager's fund of funds switched up their holdings in third quarter 2017, investing about $129 million collectively in two funds while apparently dropping four others between them

East coast manager with niche focus raises $100 million for new credit fund
A New Jersey asset management firm with a focus on the “life-contingent” asset class has launched a new credit fund

London manager closes third credit fund at €459 million
Rothschild Credit Management has announced the final close of its third credit investment fund at €459 million

US private equity firm markets its debut credit fund
After hiring a head of credit in January, a US fund manager has started marketing a $300 million direct lending vehicle

BNY Mellon launches multi-asset vehicle to be subadvised by Pareto
The BNY Mellon Insight Broad Opportunities fund will invest in a broad range of asset classes, including equities, fixed income, currencies, real estate, listed infrastructure and commodities

Angel Oak CMV plants seed for newly risen CLO market
Atlanta-based manager Angel Oak Capital is looking to fertilise the budding market for CLOs backed by subordinated bank debt

Denver manager raises $22 million for structured credit fund this year
The Wickapogue Structured Credit Fund, launched in November 2016, has raised about $22.2 million according to a regulatory filing

Minneapolis manager raises $558 million for third mezzazine fund
The manager has held a final close on its third mezzazine fund, bringing total fundraising to over $1.2 billion across all three funds

West coast manager launches debut credit fund
A new San Francisco-based boutique has launched a credit fund, a regulatory filing indicates

Churchill launches breakthrough mid-market loan fund
Mid-market CLO manager Churchill has diversified its product range by launching a commingled loan fund 

Texas manager is in peak condition as it raises $1.1 billion for credit fund
Middle-market specialist raises over $1.1 billion for its latest credit fund, SEC filings reveal. 

Texas manager raises $73 million for private credit fund
Highcrest Capital has the backing of 159 investors to date for its flagship private credit fund, regulatory filings indicate

Orchard launches liquid credit fund
Orchard Global Asset Management has debuted a new credit fund, which has sold $8 million so far

New Hampshire pension poised to invest $50 million to energy-related fund
The New Hampshire Retirement System committed to invest $50 million into a new energy-related direct lending strategy at its November meeting

Canadian property manager announces fund close at $3 billion
The alternative asset management firm, Brookfield, committed $400 million to the vehicle

Chicago-based firm closes debt fund with over $1 billion raised
LaSalle Investment Management has announced the final close of its third debt strategies fund with over £800 million ($1 billion) in commitments

Manager raises $11 million for third credit opportunities fund
An Atlanta-based manager has raised more than $11 million from 31 investors for its third credit opps fund 

New US credit manager targets $750 million for debut fund
A start-up credit manager is marketing its inaugural credit opps fund

BlueBay joins credit interval fund rush
London-based manager could be first to launch interval fund based on mainly non-US credit

JP Morgan Asset Management reports record AUM
JP Morgan Chase’s asset and wealth management business reported assets under management of $1.94 trillion for third quarter 2017, an AUM boost that reflected higher market levels and net inflows into liquidity and long-term products

US direct lender raises $91.95 million for second mezzanine fund
The vehicle has raised $91.95 million out of a total offering amount of $100 million with the backing of 24 investors

Private equity firm's credit unit raises $110 million at first close for new fund
The fund has a total offering amount of $350 million. It held its first close at $110 million after making its first sale on 31 October, US SEC filings indicate

US manager looks to raise $300 million for new CLO equity fund
Regulatory filings indicate that a US fund manager is targeting a new fund which will purchase CLO equity tranches