Kentucky pension funds invest $150 million in two US managers
Kentucky Retirement Systems has agreed to invest $150 million in private credit assets with two US asset managers, and has hired a new consultant to advise on asset allocation

Rebranded Canadian manager launches senior debt fund with $500 million target
Sprott Asset Management’s Canadian diversified asset business has undergone a rebranding. It is now known as Ninepoint Partners -- and it plans to launch a new senior debt fund

Californian pension fund to invest $44 million in manager's stressed credit fund
A Californian pension fund has committed to invest up to $43.75 million in an Austin-based manager's stressed credit offering

West coast manager's long-short credit fund hits $595 million
Symphony Asset Management has raised $594.90 million for its BayCity Long-Short Credit Fund, a $10 million increase in just over a year

Texas PE firm seeks $225 million as it launches its first-ever credit fund
Texas-based private equity firm The Sterling Group is seeking to raise funds for its first-ever credit vehicle

Highbridge raises $12 million for tactical credit fund
Highbridge Capital Management has raised $12.3 million for a tactical credit fund, filings reveal

Oak Hill launches new CLO-focused hedge fund
Oak Hill Advisors has so far raised $77.4 million for an offshore fund that invests in CLOs, filings suggest

Lending Club subsidiary launches new marketplace lending fund
LC Advisors has raised $1.9 million for a marketplace lending fund, regulatory filings show

Davidson Kempner raises $1.75 billion for distressed debt fund
Davidson Kempner has raised $1.75 billion for a new fund focused on distressed investments, Creditflux has learned

Neuberger Berman targets corporate credit with $1.1 billion fund
Neuberger Berman closed a new credit fund yesterday, according to a statement from the firm

Ares raises $2.15 billion in seven months for private credit strategy
Ares Management has raised about $2.15 billion for a private credit fund over just seven months, as it creeps close to its $2.5 billion cap

Texas fund poised to invest in upcoming GSO distressed debt strategy
An El Paso pension fund is set to invest $8.5 million in a new GSO Capital Partners vehicle, documents seen by Creditflux reveal

FS Investments partners with real estate specialist for new credit fund
FS Investments, formerly known as Franklin Square, has raised $3.9 million for its new reit

Former Credit Suisse affiliate takes in $115 million for structured credit fund
A New York-based credit manager that spun out of Credit Suisse has raised more than $115 million in the last year for its for a structured credit strategy that now totals $677 million

CIFC teams up with pension fund for $375 million CLO risk retention partnership
The Healthcare of Ontario Pension Plan (HOOPP) is partnering with CIFC Asset Management on the CLO manager’s new capitalised majority-owned affiliate

Former head of Milken family office raises $118 million for credit fund
A firm run by the former head of Michael Milken’s family office has raised $118.3 million for an opportunistic credit fund

Mexico-based manager's credit fund reaches $55 million
Mexico-based Clarum has raised $54.6 million for its AlphaCredit Debt Fund

Axa IM puts money to work in the US as it closes global real estate debt fund
AXA’s real estate investments arm has closed its 10^th commercial real estate senior debt fund after achieving its capped target of €1.5 billion

Wealth manager SCS raises $45 million for offshore credit fund
SCS Capital Management has raised $44.8 million for its Multi-Sector Credit and is backed by 30 investors to date

Illinois pension fund to invest in new NXT and Riverstone credit funds
An Illinois pension fund is set to invest $125 million with NXT Capital and $100 million with Riverstone Credit Partners as it ups its income allocation target by 1%

Fundraising's a hoot for Owl Rock as its BDC reaches $4.6 billion
New York-based Owl Rock has raised $4.6 billion since March 2016 for its mid-market debt fund, a regulatory filing reveals.

TCA global credit fund benefits from inflows
TCA's Global Credit Fund has grown by $37.5 million in 12 months, bringing its total to $131.1 million

Palisades raises $26 million for new credit fund
West coast manager Palisades Investment Partners is fundraising for a new credit fund

Goldman Sachs and KKR private credit funds win Korean investors
Korea Post has decided to commit $200 million to a new mezzanine debt fund from Goldman Sachs and $100 million to KKR Credit’s global mezzanine fund, according to local media reports

Bain Capital raises $557 million for Asia credit fund
Bain Capital has held the first close of its Asia credit fund, known as Bain Capital Special Situations Asia – and has already raised $557 million for the fund