Philly pension fund allocates to middle market debt
A large state pension fund has hired a local manager to run a $300 million managed account targeting middle market credit

RBS wins sole arranger mandate for leading European CLO manager
The bank has been selected to arrange a €400 million CLO to price in the fourth quarter, according to market sources

Manager makes alternative plans as euro CLO head leaves Cantor
The head of euro CLO origination at Cantor Fitzgerald has left - and it looks like a CLO mandate the firm had secured has also been lost

Endowment fund hires Los Angeles firm for convertible arbitrage play
A US endowment fund is seeking to limit its exposure to a rise in interest rates, by allocating $75 million to convertible bonds

Mid-market investor's new fund earns support as ex-GSC official leaves
A manager's new mid-market fund is earning commitments, but a key official is reported to have left.

Oaktree and Babson credit funds win $140 million from US pension
A pension fund has allocated towards a strong performing Babson European fund and a new vehicle being raised by Oaktree in the US

Calpers signs up leading managers for $750 million credit allocation
The California Public Employees' Retirement System has hired to two established names in credit to manage $750 million

US pension is not alone as it wants more of new Centerbridge fund
Leading distressed debt manager, Centerbridge Partners, is having to fight off huge demand for a new fund

Endowment seeks firm for $300 million freewheeling fixed income strategy
A large endowment fund is on the look out for managers to run a $300 million unconstrained fixed income strategy. Interested parties should have AUM of at least $5 billion

Two managers win big credit mandate as pension fund opts for old hands
A west coast pension fund that was eyeing a $1 billion push into credit has hired two large US managers

London pension fund seeks managers for $247 million credit push
A London pension fund is scouting for up to six managers as part of a £150 million ($247 million) push into credit

Eaton Vance loses $1.5 billion in loan AUM as retail investors pull out
Eaton Vance Investment Managers has suffered $1.5 billion of outflows from its loan strategies this quarter as retail investors pull capital away from floating-rate products.

CLO fund manager hires two as it develops new products
Market sources say that a leading 2.0 equity investor has hired two as it expands its managed account business and also goes about  raising a new CLO fund

Miami manager earns $50 million for new mid-market loan fund
A credit manager has earned $50 million from a regular client for a mid-market credit fund

Pimco wins $500 million credit opportunities mandate from pension fund
Pimco has landed a $500 million contract from a key client

CQS fund-of-funds wins $200 million from US pension giant
A credit-biased fund managed by CQS has received a large allocation

Endowment fund hires for US high yield to diversify manager pool
A large US credit manager has won a high yield mandate for an endowment fund seeking diversity

Large US pension fund aims to hire credit professionals
An $87 billion pension fund has approved a measure to move some of its portfolio management in-house

West coast pension looks for credit fund with bond and loan exposure
A pension fund with up to $15 million to allocate to credit, has tweaked the terms of its search

Six managers battle it out for $1 billion pension credit mandate
A pension fund has narrowed down its search for a global credit manager to just six names after tweaking the terms of the RFP tp give managers greater freedom

Texas pension fund hires manager to run high yield portfolio
A large pension fund, which has been a big supporter of credit strategies this year, is allocating capital to high yield bonds

New York pension commits $50 million to mezzanine debt fund
The New York State Common Retirement Fund has allocated $50 million to a credit fund, according to a monthly report

West coast pension fund lauds its star credit managers
A $7.6 million pension fund has posted first quarter results of 1.7%, and its credit managers have taken much of the praise

West coast pension approves $50 million investment in Ares fund
Officials at a west coast pension fund have confirmed an investment into a new Ares distressed debt fund