Manager raises $120 million for European credit opps fund to launch in Q4
A London-based alternative asset manager is set to launch a credit fund with a specialty finance focus and a target size of $750 milion

Alarm maker's consent fee gambit attracts attention
Bond holders agree covenant waiver to let Hellman & Friedman carry out huge dividend refi  

US boutique to launch fund of funds investing in CLOs and alternatives
The asset and wealth management RIA firm is establishing an alternatives fund of funds to be launched in 2018, according to market sources

Global manager's credit opps fund raises more than $15 million
Aegon USA Investment Management has raised $15.25 million for a credit opportunities fund, a regulatory filing reveals

Fixed income inflows boost Legg Mason
Baltimore-headquartered Legg Mason has reported inflows of $7.9 billion for its fixed income business in the quarter ended 30 September, according to a recent earnings call

First Trust launches muni high income ETF
An Illinois-based firm has launched a new exchange-traded fund (ETF) that invests primarily in municipal debt securities

Wealth manager raises $119 million for credit fund
Los Angeles-based boutique investment firm raises $119 for credit opportunity fund 

Ares keeps up direct lending growth and plans new credit fund launch
Ares Management’s credit business just keeps growing, with the firm planning a new fund launch and a continued push into European direct lending, according to a recent results presentation

US direct lender pulls the trigger on revolver credit fund
A firm has launched a new vehicle focused primarily on revolving credit facilities

Manager looks to raise up to $500 million to invest in CLOs globally
A firm regarded as one of the biggest CLO mezzanine and equity investors in the market is launching its latest CLO strategy 

Z Capital passes $100 million fundraising mark for credit fund
Z Capital has raised $106 million for its Credit Tactical Fund, according to a market source

BlueBay launches Ucits bond fund
BlueBay Asset Management has launched a new global fixed income fund, with an eye on wealth managers

Chicago manager launches $1.2 billion leveraged direct lending fund
A new mid-market credit fund has raised $415 million equity capital, exceeding its original $350 million target

Pennsylvania pension fund to invest $150 million in TPG credit strategy
The Pennsylvania State Employees’ Retirement System has confirmed it will invest $150 million in TSSP Adjacent Opportunities Partners, a business of Fort Worth and San Fracisco-based TPG Sixth Street Partners

New York manager raises $75 million for alternative credit fund
Global Alternative Credit Fund has raised $75 million since 2016

Fund of fund specialist raises $60 million for distressed debt
A large Asset manager has put together a new distressed strategy, filings suggest

Mid-market lender Monroe signs JV with National Life
Monroe and National Life each put $50 million into new venture then look to add leverage

Crestline raises $1.3 billion for its latest credit strategy
Crestline Investors has closed its third credit opportunity fund, according to a press release. The firm states that Opportunity Fund III and related managed accounts secured over $1.34 billion of capital commitments

Los Angeles manager hits $2.5 billion hard cap with its second credit fund
A firm, launched in 2013, has raised its second credit fund which is more than double its predecessor fund

Fund manager with UHNWI following raises $25 million for long-short credit
An asset manager based in Florida, which has successfully sold credit funds to ultra high-net-worth individuals, has rased $25 million for a long-short credit fund

US investors allocate over $100 million to BlueBay credit fund
BlueBay Asset Management has picked up over $100 million of commitments from US investors for its total return credit fund

Alcentra continues hot fundraising streak with new global credit offering
BNY Mellon subsidiary Alcentra has attracted $140 million for a corporate credit fund

Wealth manager adds Oaktree and THL to new direct lending platform
Canadian firm Nicola Wealth Management (NWM) has launched a new private debt fund which will combine a fund of funds approach with direct investments

Asset management giant T Rowe Price gets boost from high yield
Baltimore-based T Rowe Price also boosted its AUM by $44.3 billion and net income by $63.1 million in third quarter 2017

KKR raises $7 billion through strategic investor partnerships
KKR is prioritising strategic partnerships with institutional investors and longer lock-up vehicles, according to officials at the firm