Cerberus wins $200 million direct lending mandate from peace garden state
US pension money continues to be channelled into direct lending with officials at a $12 billion pension plan confirming an allocation to Cerberus

US pension fund awards $825 million in credit mandates to HPS
HPS Investment Partners has registered big inflows in recent months and that trend is continuing after a pension fund agreed to back the manager with three mandates

Endowment fund seeks US direct lending manager for $50 million mandate
An endowment fund with an anti-tobacco stance is looking to deploy up to $50 million in US direct lending

Pension fund allocates £40 million to UK direct lending fund
Strathclyde Pension Fund has emerged as one of the investors in a new UK-focused direct lending fund

Private debt manager Crayhill earns up to $150 million from US pension fund
Private debt manager Crayhill Capital has been awarded up to $150 million

London pension fund thinks global in search for direct lending managers
A London-based pension fund is looking to allocate £110 million ($138 million) to a direct lending strategy which can produce returns of Libor plus 4-5%

Montana pension fund allocates to new Asia direct lending fund
Montana Board of Investments has allocated $30 million to an Asia-focused direct lending fund, according to documents seen by Creditflux

Texas pension fund awards $25 million to its star direct lending manager
The (crescent) moon and (lone) star allign as Texas pension fund awards credit manager with follow-on capital for direct lending 

UK pension fund picks leading managers for £750 million credit push
Strathclyde Pension Fund has elected to increase its exposure to credit by 3% and has dished out lucrative mandates to some of the leading names in credit management

UK pension fund looks for direct lending manager
Northern England county looks to give $175 million SME lending mandate 

Pension fund joins mid-market boom with $350 million allocation to LBC
A US pension fund has hired LBC to invest in the thriving direct lending sector

Texas pension fund hires four managers in $950 million direct lending push
A large US pension fund has awared contracts to four of the most experienced mid-market firms for a direct lending expansion

Investor hires Park Square for direct lending after inspecting fee structures
Park Square wins direct lending mandate - and two other direct lenders could also be granted contracts subject to negotiations over fees

Pension fund hires two managers for $100 million direct lending push
Middle-market credit managers Crestline Investors and White Oak Global Advisors have each earned $50 million for upcoming credit funds.

Large pension fund eyes $400 million allocation to US mid-market debt
After swotting up on the direct lending market, a US pension fund has released a request for proposal on a US middle market debt mandate worth up to $400 million.

US pension fund hires Ares and Monroe in private credit push
A US pension fund that has been pushing into direct lending has recently committed to private credit strategies run by Ares Management and Monroe Capital.

London-based direct lender earns €35 million for new fund
A direct lending firm has been granted €35 million from a US endowment fund

US pension fund looks overseas to continue direct lending push
A US pension fund which has been a big supporter of direct lending has indicated that it still has the capacity to put “several hundred million” into this area as it turns its attentions to the non-US market

Asset-based lender swoops to pick up $50 million for new fund
A New York-based direct lender has been given a boost as it prepares its next credit fund

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 

US manager wins $50 million for new direct lending fund
A credit hedge fund manager known for its investments in distressed credit has won support from a pension fund for a new direct lending strategy

US pension fund backs Cerberus as part of $750 million credit push
A US investor has allocated large sums to two credit managers for distressed debt and direct lending strategies