Silverpeak looks to put together listed CLO equity fund
Silverpeak's CLO-focused fund will primarily invest in CLO equity and be listed on the New York Stock Exchange

New Jersey pension fund allocates $100 million to tech-focused BDC
The State of New Jersey Department of Treasury has awarded $100 million to a direct lender's sector-focused BDC

Direct lender Star Mountain gets its latest fund off the ground
The US lower middle-market direct lender has raised at least $30 million for Star Mountain Diversified Credit Fund III

Sagard exceeds $500 million target for debut credit fund
Sagard Holdings, the investment platform of Power Corporation of Canada, has already raised more than $545 million for its inaugural credit fund

Cross Ocean sails to $1 billion finish line for two funds
Cross Ocean Partners has raised over $1 billion in capital commitments for two of its funds, the firm has announced

Texas pension fund backs distressed debt specialist with $25 million
Texas County and District Retirement System (TCDRS), the $30 billion public pension fund, committed $25 million to Redwood Opportunity Domestic Fund on 1 October.  

Axonic unveils plans for credit interval fund
New York-based Axonic Capital has registered its income producing offering Axonic Alternative Income Fund with US regulators

Pimco launches latest ESG-focused credit offering
Pimco has launched its latest environmental, social and governance (ESG) fixed income offering - GIS Global Investment Grade Credit ESG Fund.

Axiom puts tranches at core of push into synthetic credit
Axiom Alternative Investments is set to target both index and bespoke tranches with the launch of Axiom Synthetic Credit Opportunity Fund.

New Energy seeks to fuel second credit fund with $400 million
New Energy Capital is looking to raise $400 million for its second infrastructure credit fund, according to US regulatory filings

PGIM expands ETF offering with high yield bond fund
PGIM has expanded its exchange traded fund offering with the launch of a new high yield bond strategy

Sound Point wins $285 million CLO equity mandate from Canadian pension fund
The C$366.6 billion Canadian Pension Plan Investment Board is looking towards CLO equity to broaden its investment exposure

BlackRock becomes latest manager to explore interval fund structure for credit
Several managers have hit the market with the interval fund structure, as investors look to invest in illiquid strategies through an illiquid fund structure

Oberland hits $800 million hard cap for healthcare credit opportunities fund
Healthcare investment firm Oberland Capital has hit its $800 million hard cap for its second royalty and credit opportunities fund, the firm announced yesterday

Texas pension awards $175 million to distressed debt and strategic credit
The $30.1 billion Texas pension fund has mandated $175 million to Arbour Lane and Marblegate 

Four private credit managers score as Arizona pension fund commits $250 million
The $9.78 billion pension fund has mandated nearly $250 million to four private credit managers, alongside additional commitments for co-investment opportunities 

Louisiana pension fund assigns $200 million to DoubleLine and GoldenTree
Louisiana State Employees' Retirement System has allocated to distressed debt and mortgage credit funds run by two experienced asset managers

Nashville pension allocates to energy credit funds
Metropolitan Government of Nashville and Davidson County has approved a $20 million commitment to two energy-focused private credit strategies

Kayne Anderson holds $3 billion final close for middle market credit fund
The Los Angeles-based manager closed its third middle market credit fund with with $3 billion investable capital including separately managed accounts and leverage

Distressed debt outperforms as Texas pension fund's credit strategies gain 11.2%
Texas County and District Retirement System (TCDRS), the $30 billion pension fund, generated 11.2% annualised returns from its credit portfolio for the year ending 30 June. Distressed debt was a major positive, but IG credit lost value

Californian pension fund commits $25 million to new US direct lending fund
A $3.01 billion pension fund has invested $25 million to a US direct lending fund managed by Twin Brook Capital Partners 

US pension fund's new private credit portfolio delivers strong early returns
A US pension fund recently created a private credit bucket and this has generated 9.25% time-weighted returns

Californian pension fund moves $35 million into distressed debt
Sacramento County Employees' Retirement System has made a $35 million commitment to a distressed fund TPG Sixth Street Partners 

GSO registers new direct lending fund after going solo
After its partnership with FS Investments reached an end, GSO Capital Partners has registered a new direct lending fund with US regulators

Manager plays its cards right as top-performing hedge fund grows in size
A US credit hedge fund manager has grown the size of its credit vehicle amid a strong first half of the year