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

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.

Stockholm-based firm targets CLOs, CSOs and SRTs for new fund after stellar 2019
A fund manager, established in 2018, is said to be launching its second corporate structured credit fund, sources say, after generating 20% returns last year via its debut strategy. The new fund will invest across CLOs, CSOs, SRTs and index tranches 

Cairn sheds light on single-investment SRT fund
Fresh details have emerged on Cairn Capital’s new significant risk transfer (SRT) funds with the manager informing Creditflux that Pathfinder Fund III was structured such with US requirements in mind

Cairn adds two SRT funds to its roster
Cairn Capital has raised $150 million across two significant risk transfer (SRT) funds - with differing mandates - according to an announcement by the firm

Pimco generates listed opportunistic energy credit fund
Pimco is eyeing the energy sector for a new opportunistic credit fund, according to US regulatory filings.

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

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.

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

New York manager prepares interval credit fund launch
A structured credit fund manager is joining the interval fund rush 

Cheyne more than doubles assets for credit fund in five months
Cheyne Capital has more than doubled assets for Cheyne Total Return Credit Fund December 2023 – in the space of just five months

Viva la vida: fund manager Vida launches $800 million insurance credit fund
Texas-based Vida Capital Management has raised at least $800 million for its second credit opportunities fund

Sound Point and American Beacon team up for credit interval fund
American Beacon Sound Point Enhanced Income Fund will invest in a variety of credit-related instruments - with at least 40% bank loans exposure

Quant giant AQR launches first fixed income fund
Quant specialist AQR Capital Management has entered the fixed income world, launching a new product called the Core Plus Bond Fund

Anchorage wins $75 million ticket for global credit fund
A US pension fund has approved an investment in the upcoming Anchorage credit fund

Virginia pension fund cuts Oaktree high yield account
Virginia Retirement System (VRS) has terminated Oaktree as a high yield debt manager, Creditflux has learnt

Octagon looks to invest up to $500 million in CLOs with new fund
New York-based Octagon Credit Investment is raising money for its third CLO opportunity fund, according to recent SEC filings

HSBC announces $550 million second close for diversified loan fund
HSBC Alternative Investments has announced the second close of its diversified loan fund, which will combine both loan investing and direct lending

CIFC moves into US high yield with unique long/short credit strategy
US high yield credit is hardly top of the agenda for fund managers at the moment, but CIFC Asset Management is taking a two-pronged approach to building out a new business line in this area

Indianapolis manager reaches final close for $310 million mezzanine fund
The Indianapolis-based manager has held the final close on its fourth mezzanine debt and equity investment fund, hitting its hard cap at $310 million 

Massachusetts pension fund awards $275 million to credit managers
Massachusetts Pension Reserves Investment Management Board (PRIM) has mandated up to $275 million to private credit funds, according to board documents seen by Creditflux

Former Claren Road professionals raise more than $274 million for credit fund
New York based Duane Park Credit Management has raised more than $274 million for its credit fund since launching in 2016, regulatory filings indicate

US pension scheme puts $100 million into top-performing CQS fund
A multi-strategy credit fund run by CQS has earned a $100 million commitment from a US pension fund

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

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