Crayhill collects $130 million for second asset-based credit fund
Crayhill Capital Management has raised around $130 million for it second asset-based credit fund,  according to 9 March US regulatory filings

Brigade collects $100 million for 'senior tranche' SMA
Brigade Capital Management has won a $100 million mandate from Texas County & District Retirement System for a structured credit fund geared towards senior tranches

NXT launches first direct lending fund since Orix takeover
NXT Capital is back in the market fundraising for its sixth direct lending fund, NXT Capital Senior Loan Fund VI, according to US regulatory filings 

Axiom seeks high yield sweet spot with long-short fund
Axiom Alternative Investments is set to launch a long-short fund that will identify mispricings of high yield credit arising from the prolonged compression of spreads between different rating bands.

Bayside targets $1.25 billion for special situations fund
HIG Bayside is targeting $1.25 billion for its latest special situations fund, HIG Bayside Loan Opportunity Fund VI, according to US regulatory filings filed on Monday

Massachusetts pension commits $200 million to structured and corporate credit
Massachusetts Pension Reserves Investment Trust has approved commitments with CKC Credit Opportunity and LMCG Serenitas  

Sound Point launches distressed debt fund with $70 million
Sound Point Capital has launched a distressed debt fund focused on loans trading below 90 cents

US pension looks to put $60 million in private debt as older funds wind down
Boston Retirement System considers committing an additional $60 million to its private debt programme in 2020, following a recommendation by its investment consultant NEPC,  

Lord Abbett preps floating rate interval fund with monthly share repurchase
Lord Abbett Enhanced Floating Rate Fund will invest at least 80% of its assets in floating rate products including senior secured or unsecured loans, second lien debt and floating rate structured credit including CLOs

San Francisco pension earmarks $200 million for mortgage fund
San Francisco City and County Employees’ Retirement System (SFERS) has committed $200 million to a credit fund managed by Cerberus Capital Management  

Hamilton Lane limits uncalled commitments with private market fund
Hamilton Lane has launched a private assets fund, in a strategy that will "seek to limit the exposure of uncalled commitments and shorten the duration of expected cash flows relative to a traditional portfolio”

Pantheon and Solutio join forces on €250 million private debt secondaries fund
Pantheon Ventures and Munich-based Solutio have held a final close on their inaugural joint private debt secondary fund above its €250 million hard-cap

Texas pension pumps $300 million into Pimco fund
Texas Municipal Retirement System has earmarked up to $300 million to a credit fund managed by Pimco, according to board documents seen by Creditflux, building on a relationship established through a predecessor fund

JP Morgan AM launches first European multi-factor fixed income ETF
JP Morgan Asset Management has launched an inaugural fixed income multi-factor exchange traded fund in Europe

Mercer puts private debt at heart of $2.7 billion fund of fund
Mercer has held a final close at $2.7 billion for a private markets fund that offers investors access to private debt and sustainable products  

Angelo Gordon pulls in $1.8 billion for inaugural credit solutions fund
Angelo Gordon has held a $1.8 billion final close on an inaugural credit fund geared towards geared towards distressed debt and special situations, surpassing its initial $1 billion target size

Whitehelm holds €500 million first close on infrastructure debt strategy
Whitehelm Capital has held a €500 million first close on its infrastructure debt strategy, according to an announcement. Creditflux's sister publication Inframation reports that this is split between Whitehelm Capital Infrastructure Debt Partners I and managed accounts

First Eagle closes fourth direct lending fund at $782 million
First Eagle Investment Management has collected $782 million on its fourth direct lending fund, THL Credit Direct Lending Fund IV, marking the first private credit fund closed since Boston-based THL Credit was acquired by First Eagle in December 

Pimco plans to outperform come rain or shine with $4.5bn all-weather fund
Pimco has become the latest manager to fashion a flexible, all weather credit fund that invests across public and private markets, geographies and capital structures. The Newport Beach-based manager is hoping to raise $3 billion for the strategy. With half a turn of leverage, it could have up to $4.5 billion to deploy.

CLO double Bs begin bounce back in b-wic bonanza

GSO aims to place US CLOs in Europe
GSO Capital Partners has launched a manager entity named Blackstone/GSO CLO Management LLC in an effort to sell US CLOs into Europe.

Yielco collects €675 million across two private debt fund of fund strategies
The Munich-based firm held a final close on its inaugural private debt fund of funds strategy and has also won a separate prive debt mandate

California pension earmarks $190 million for IG structured credit as it goes defensive
San Mateo County Employees Retirement Association has earmarked $190 million to a securitised credit managed account

New York pension allocates $100 million to US direct lending fund
New York State Teachers Common has awarded $100 million to a direct lending fund, as its private debt portfolio delivers 10.7% net IRR 

Louisiana pension earmarks $30 million for US private credit
This isn’t a first time relationship for the $1.8 billion pension fund, who previously granted  $50 million to the manager's previous fund in October 2018