Balbec collects $1.5 billion for fifth mortgage and consumer loan fund
Balbec will invest through a new fund across residential, commercial, and consumer whole loan portfolios and across the performance spectrum including “assets subject to bankruptcy or other structured repayment plans"

Fund managers join forces on US asset-based lending platform
Castlelake has teamed up with Aequum Capital Founder to launch an asset-based lending platform, which will lend in ticket sizes of $1-10 million

BlackRock closes £1.7 billion private debt fund with wide mandate for UK pensions
The firm has deployed around 60% of the fund, which invests across US and European direct lending, US and European real estate debt and the firm’s global opportunistic strategy

Credit funds at a glance (June 2022)
A round up of fundraising and people moves in credit  

ArrowMark targets $300 million for commercial real estate
ArrowMark Partners is targeting $300 million for a structured finance real estate fund

Bain collects $2 billion for second Asian special situations fund
Bain Capital has collected more than $2 billion for its second special situations fund, Bain Capital Special Situations Asia Fund II. The vehicle had an initial $1.5 billion target

Credit funds at a glance (June 2022)
A round up of fundraising and people moves in credit
 
   

Nuveen targets €500 million for inaugural pan-European real estate debt fund
Nuveen has made a first close on its fourth commercial real estate debt fund, expanding its geographical focus for the latest series from a UK-focused only to a pan-European strategy

La Banque Postale launches first infra debt fund "of its kind" with Article 9 offering
La Banque Postale Asset Management has raised €270 million as part of the first close of  LBPAM Infrastructure Debt Climate Impact Fund, which is an Article 9-aligned fund under the Sustainable Finance Development Regulations

Kayne Anderson closes $1.87 billion real estate debt fund
Kayne Anderson has closed a fourth real estate debt fund at $1.875 billion, surpassing its intitial $1.5 billion target 

Credit funds at a glance (May 2022)
A round up of fundraising and people moves in credit
   

Credit funds at a glance (April 2022)
A round up of fundraising and people moves in credit  

LP round up: Oak Hill wins $3bn mandate as credit allocations near $10bn in March
Institutional investors revealed over $9.5 billion of allocations to credit funds in March. Oak Hill Advisors walked away with the largest mandate, as US heavyweight pension Calpers allocated a whopping $3 billion across several of its funds

Pretium collects $1.7 billion for second residential mortgage credit fund
Pretium has closed second residential credit fund at $1.7 billion

Credit funds at a glance (March 2022)
A round up of fundraising and people moves in credit

Infrastructure manager targets €1 billion for eclectic mix of project finance debt and SRTs
A Copenhagen-based firm is launching its first credit fund and has partnered with an SRT specialist in London for a component of its potential €1 billion offering  

Credit funds at a glance (February 2022)
A round up of fundraising and people moves in credit

Oaktree closes $3 billion real estate debt fund with 55% deployment
Oaktree Capital Management held a roughly $3 billion final close on its third global real estate debt strategy, Real Estate Debt Fund III

Post Road stamps final close on $300 million opportunistic credit fund
Post Road Group has held a final close on its latest middle-market corporate , Post Road Special Opportunity Fund II, at ‘more than $300 million’

Castlelake climbs to $1.6 billion final close on fourth aviation fund
The Minneapolis-based firm says it has deployed just over half of the $1.6 billion fund, which invests in “high quality, younger mid-life aircraft and related aviation assets”

US pensions assign $1.5 billion to 16 credit managers in December
US public pensions rounded off 2021 by gifting credit managers around $1.5 billion in commitments, according to documents seen by Creditflux

Credit funds at a glance (January 2022)
A round up of fundraising and people moves in credit

Credit Fundraising: mega funds contribute to record-breaking month as volume hits $39bn
The sheer size of the funds raised in November more than compensated for a drop in the number of funds raised as fundraising volume in credit reached $38.9 billion. This beat September by $2.4 billion to make it the most productive month of credit fundraising in 2021

Credit Fundraising: Private credit and CLO captive equity feature strongly as closes mount up
Credit funds have made a fair start to the fourth quarter, although the $21 billion raised during October is down substantially on September’s impressive record for 2021

Credit funds at a glance (November 2021)
A round up of fundraising and people moves in credit