Managers earn support as they each aim for $4 billion credit funds
Two established credit managers are aiming to raise $2 billion each in capital for direct lending and distressed debt. A US pension fund has supported both causes with $30 million

Calpers joins US pension fund charge towards distressed debt
US pension funds continue to put money to work in distressed debt strategies with California Public Employees' Retirement System among the institutions that are allocating towards new distressed funds

Endowment fund crosses Lake Erie to invest in Canadian distressed debt
A US endowment fund has topped up its exposure to a distressed debt strategy north of the border

Pacific leads rivals in race for pension fund's $130 million loan mandate
Three managers have emerged as the leading contenders for a $130 million mandate to manage loans on behalf of a pension fund, which is embarking on a large-scale push into credit

Large credit manager pitched for Calpers euro credit account
A large credit firm recently put itself forward to run European credit for Calpers

Pension fund could take big CLO role after backing Apollo with $100 million
One of the most sophisticated CLO buyers has strengthened its ties with Apollo - and shown a willingness to increase its CLO exposure

Pension fund puts another $60 million into Asian direct lending strategy
An Asia-focused direct lending fund that has attracted interest from scores of institutional investors, has netted a repeat investment from one of its clients after delivering 10% capital appreciation

Pension fund hires west coast manager for billion-dollar credit mandate
A large credit investor has backed a manager with an initial $400 million for multi-strategy credit. This allocation could rise to beyond $1 billion

Manager's direct lending fund earns $75 million from US pension
A US manager has had a big couple of weeks after winning $75 million for direct lending having earlier announced a push into CLOs 

Leading credit investor puts $50 million into distressed debt
One of 2014's biggest credit allocators has put another $50 million into the space. 

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