Modern Woodmen log move into US senior CLO paper
Modern Woodmen of America, one of the largest fraternal benefit societies in the US, has emerged as a major investor in senior CLO notes, according to market sources. 

US university backs Asian direct lending fund
University of Michigan has committed $50 million to SSG Capital Partners V, according to documents seen by Creditflux  

French pension hunts for ESG service providers
Fonds de Réserve pour les Retraites (FRR) is set to boost its environmental, social and governance plans with a newly launched responsible investment strategy  

Utah fund set to invest $45 million across Beach Point and Crestline funds
The Utah School & Institutional Trust Fund Office is set to make commitments to credit funds managed by Beach Point Capital Management and Crestline Investors

London pension outlines private debt commitments
Barnet Pension Fund has earmarked £30 million for commitments to Partners Group Multi Asset Credit 2019

Italian pension fund looks to build its exposure to bonds
Mediafond has launched a request for proposals in which it seeks out a manager to oversee a bond portfolio

UK pension pool to launch maiden private credit offering
Border to Coast Pensions Partnership is launching its first private credit offering in early Q4, Creditflux has learned

US pension fund to invest $490 million in private credit by 2023
Alameda County Employees Retirement Association has launched a private credit portfolio, with plans to invest up to $490 million and meet a target allocation of 4% by 2023  

Calpers misses returns target despite fixed income outperformance
California Public Employees' Retirement System (Calpers) has missed its annual investment target despite strong performance from its fixed income portfolio, which was its top performer  

EIB and Amundi form green partnership for high yield, private debt and securitisations
Amundi and the European Investment Bank (EIB) have teamed-up to launch Green Credit Continuum (Greco) programme with the aim of raising €1 billion over the next three years for green credit initiatives

Ontario pension selects new president and CEO

Ontario Teachers’ Pension Plan has appointed Jo Taylor as its new president and chief executive officer, effective 1 January  

Raven asset-based fund gets nod from San Joaquin pension for an extension
The San Joaquin County Employees’ Retirement Association approved an extension of its $50 million investment with Raven Asset Management to June 2020

Californian pension backs investment in BlueBay spin out
Ventura County Employees’ Retirement System has agreed to maintain investment in BlueBay’s private debt business following this being span out into a new entity, according to a board meeting document seen by Creditflux  

Abu Dhabi fund eyes CLO tranche investments
Having gained exposure to the CLO market via its seed investment in New York-based AGL Credit Management, the Abu Dhabi Investment Authority (ADIA) is looking to double up by also investing in CLO tranches.

Insurers dump floating rate CLOs
Two large insurance firms rotated out of floating rate CLOs by selling roughly $259 million of single A notes via b-wics last month, according to market sources.

Arizona pension invests in shipping fund as it steps up private credit allocations
Arizona Public Safety Personnel Retirement System (PSPRS) has approved commitments to Northern Shipping Fund IV, according to transaction documents seen by Creditflux.  

Investors find it's healthy to diversify in private credit as they back Orbimed fund
Orbimed is targeting a $1.2 billion final close for its latest healthcare royalties fund, underlining the views of Eaton Partners’ Chrystalle Anstett, who said in an interview with Creditflux that investors are looking for assets that are uncorrelated with broader fixed income strategies

US insurer seeks CLO portfolio manager to run $4.64 billion portfolio
A US insurer has grown its CLO book by 136% over the course of 2018. Now it's looking to hire a portfolio manager to oversee its CLO assets, which are largely triple B-rated

Investment platform set to launch debut direct lending offering
A platform providing individuals with access to private market funds, is set to launch its first private debt offering imminently, according to market sources  

Italian pension seeks private debt access
Fondo pensione Telemaco has launched a request for proposal, seeking a private debt manager for a €50 million portfolio

Beechbrook earns backing from fund-of-funds operator as it launches Irish SME strategy
Lower-mid market lender Beechbrook Capital has held a €35 million first close on its new Irish-focused private credit strategy

Bantleon expands into IG credit with head of corporate credit appointment
Bantleon has appointed Michael Hess for the newly created role of head of portfolio management corporate credit.  

Rhode Island pension backs Clearlake credit fund
Rhode Island Employees Retirement Systems Pooled Trust is set to commit $30 million to Clearlake Opportunities Partners II, according to documents from an investment commission meeting seen by Creditflux