Cross Ocean looks to take its platform global
Credit managers are queueing up to launch distressed debt funds

Carlyle draws up big plans in credit in reorganisation
Carlyle is diverting resources away from hedge funds and into credit. It has hired a new head of global credit and is currently fundraising in distressed debt and energy credit

Credit hedge fund founder moves to London to join Sandton
Distressed credit manager Sandton has hired a high-profile hedge fund founder who leaves behind Greenwich for London

New distressed debt manager brings in high profile credit trader
Former BAML prop trader joins London-based fund manager ahead of launch

New York-based manager targets $600 million for new distressed fund
A credit fund manager is targeting debt issued by small businesses and regional banks for a new distressed strategy

Centerbridge wins $500 million for upcoming distressed credit fund
A large US pension scheme has agreed to put $500 million into Centerbridge's new distressed fund

Bayside hires in London with an eye on its next distressed debt fund
HIG Bayside has brought in a distressed specialist from a bank in London as part of its plan to raise funds 

Emerging markets specialist Gramercy launches new private debt fund
Gramercy Funds Management has launched a new debt fund, according to regulatory filings

Ex-Merrill trader’s new distressed fund gets $100 million allocation
A distressed credit hedge fund manager gets a large investment for its latest European-focused fund

Colony raises $689 million for upcoming distressed debt fund
Los Angeles-based real estate specialist Colony Capital has $689 million for a new distressed credit fund, according to regulatory filings

Leading distressed debt manager plans new €2 billion fund
A large distressed debt firm headquartered in New York is said to be marketing a European distressed debt fund 

Sankaty raises $2.1 billion for new distressed credit fund
Boston-based manager Sankaty Advisors has raised $2.1 billion for a new distressed credit fund, according to regulatory filings

Babson and BlueBay win support for new credit funds
Two large credit funds have earned support from a US pension fund for distressed debt and direct lending 

KKR's credit AUM grows as upcoming distressed fund hits $1.7 billion
KKR's credit platform continues to grow with the firm said to have raised $1.7 billion for a forthcoming special situations fund

Manager wins $50 million from endowment for new distressed fund
A New York-based manager has got off to a strong start as it begins marketing its fourth distressed debt fund

Oaktree plans "unprecedented" $20 billion credit fund-raising initiative
The firm touted as the biggest credit investor is planning a mass expansion in credit

US manager eyes Europe for new $700 million distressed credit fund
Credit managers have this year been earning strong support from investors looking to allocate to distressed debt strategies