Credit funds at a glance (October 2020)
A round-up of fundraising and people moves

Credit fundraising: managers build homes for real estate credit funds
The “largest ever real estate credit fund” was one of the fundraising highlights last month as Blackstone’s Real Estate Debt Strategies IV fund reached $8 billion on its final close

Aegon targets ABS for new fund
Aegon Asset Management says it has launched a global ABS fund with a return target of Euribor plus 500 basis points

LP round up: $5 billion flows to credit as private market allocations increase
Global institutional investors allocated nearly $5 billion to credit funds this week, according to documents seen by Creditflux

Barings and PGIM win loan and structured credit mandates as pension puts £2.7bn in credit
The firms will manage global syndicated loans, securitised credit, emerging market debt and global high yield credit for Border to Coast Pension Partnership's £2.7 billion ($3.43 billion) multi-asset credit fund 

Palm Lane launches credit relative value fund with $200 million after PM hires
Palm Lane Capital has raised about $200 million for a global credit relative value hedge fund, which went live on 1 September

Onex prepares structured credit fund after making big CLO hire
Onex Credit Partners has launched a new structured credit offering, Onex Structured Credit Opportunities Fund, four months after hiring structured credit veteran Ronnie Jaber

Credit funds at a glance (September 2020)
A round-up of fundraising and people moves

Credit fundraising: distressed keeps in favour but CLO ETFs emerge
Five months into global lockdown and distressed debt funds are still proving popular, but several managers have found success pitching other types of credit strategies

Eagle Point targets $100 million with CLO fund launch
Eagle Point is set to launch another CLO-focused fund this summer, with the Greenwich-based manager on the fundraising trail for EP CLO Opportunities Fund II

ETF firm touts low warf stratregy to help cut CLO financing costs
Retail investors will soon have access to CLO investments with two managers launching CLO exchange traded funds this month. Peter Coppa, managing partner at Alternative Access Funds, believes the CLO market will benefit

BlueMountain's Feldstein set to leave firm as Assured wins $300 million CLO mandate
Andrew Feldstein is set to exit from Assured Guaranty and its subsidiary BlueMountain Capital Management, where he has served as chief investment officer and chief executive officer

Credit funds at a glance (August 2020)
A round-up of fundraising and people moves

New funds move in as tranche trades take off
Synthetic structured credit funds are proving popular with investors amid a spike in index tranche trading

Aon wraps up fundraising for $350 million opportunistic credit fund
The fund will target global investments across public corporate and structured credit, stressed credit and real estate debt

Legg Mason teams with affiliate Western for credit fund
Legg Mason has teamed up with its affiliate Western Asset Management to launch a closed-ended fund to invest in a diversified portfolio of fixed income securities, according to fund registration filed by the pair yesterday

Janus Henderson launches 'first of its kind' senior CLO ETF
Janus Henderson has become the latest manager to prepare a CLO-focused fund, but the manager has taken a rather unusual approach to its fund structure: an exchange traded fund

Whitebox targets $400 million for structured credit fund
Whitebox Advisors is looking to raise $400 million for its latest structured credit fund, Whitebox Advisors Term Credit Fund III, according to market sources

Canyon launches structured credit opportunities fund
Canyon Partners has amassed $113 million for its Canyon Structured Credit Opportunity Fund

Two large managers prepare CLO funds
Another two managers have joined the plethora of firms launching CLO-focused funds of late including CIFC, Capital Four, DFG, Eagle Point, Neuberger Berman, Octagon, and Tetragon

Credit funds at a glance (July 2020)
A round-up of fundraising and people moves

Managers raise billions to take advantage of talf opportunities
Aegon, Payden & Rygel, Invesco, Morgan Stanley IM, Voya and Palmer Square are just some of the latest managers to have raised funds dedicated to the strategy 

LP round up: horseshoe does the trick for Pimco and other distressed managers
Institutional investors poured $2.7 billion into credit this week through 14 managers, according to board documentation seen by Creditflux

CIFC prepares CLO opportunity fund
CIFC Asset Management is preparing to launch its fourth CLO oppportunity Fund, CIFC CLO Opportunity Fund IV

LP round-up: mighty Oaks win $1 billion apiece from Calpers
Credit investors allocated over $3 billion to 18 credit managers this week across a wide range of strategies