Fixed income inflows boost Legg Mason
Baltimore-headquartered Legg Mason has reported inflows of $7.9 billion for its fixed income business in the quarter ended 30 September, according to a recent earnings call

Amundi raises €665 million loan fund and expands in real estate debt
Paris-based Amundi reveals the final close of its third senior corporate debt fund and expansion of its real estate platform

Cheyne raises $400 million YTD for corporate credit fund
Cheyne Capital’s 15-year investment grade corporate credit programme continues to grow its assets – with its 2022 vintage raising over $400 million from investors this year

Spire hires credit analysts from CIC and Mediterranean Bank in London
London-based Spire Partners has announced two new additions to its credit team, with Ian Richardson and Antoine Pinton joining the firm from CIC and Mediterranean Bank respectively

Pimco fund edges closer to $5 billion hard cap with new pension fund injection
Pimco's special situations fund, already above $3 billion, has picked up fresh inflows from a Pennsylvania pension fund

Seasoned credit specialist swaps River Birch for Guggenheim Securities
Guggenheim Securities has poached Jim Seery from credit fund manager River Birch Capital

Bank of Ireland pair set to join PE firm's direct lending team, reports Debtwire
A budding direct lender is growing fast with two more hires from Bank of Ireland

Former Credit Suisse affiliate takes in $115 million for structured credit fund
A New York-based credit manager that spun out of Credit Suisse has raised more than $115 million in the last year for its for a structured credit strategy that now totals $677 million

Mexico-based manager's credit fund reaches $55 million
Mexico-based Clarum has raised $54.6 million for its AlphaCredit Debt Fund

Californian boutique Illumination kicks off fundraising for new credit fund
California-based Illumination Asset Management has opened its IAM Credit Opportunities Offshore Fund to investment and has already raised $22 million

Thoma Bravo adds partner to signal push into private credit
A US middle-market lending specialist who has helped one PE firm establish a credit management business is looking to do it again, this time at Thoma Bravo

Monroe moves into special situations credit after hiring from Melody
US middle-market lender Monroe Capital is expanding into special situations credit

Crestline targets low-teen returns for direct lending follow-up
Texas-based alternatives manager Crestline Investors has begun marketing its second mid market fund, according to documents seen by Creditflux

Private credit manager eyes merger amid tough fundraising conditions
A direct lender operating a in one of the sparsely-populated parts of the market is open to a strategic partnership with a fund manager after scrapping a fund launch 

Pemberton confirms German addition to direct lending fund
Pemberton says that 20% of capital deployed by its mid-market fund is to German borrowers

Texas pension fund stocks up on direct lending with $675 million allocation
A US pension fund is clearly a big fan of direct lending strategies having hired two managers. It has now committed $1.2 billion to direct lenders this year

$36 billion pension fund raises its target allocation to private debt
A large US public pension fund has recently agreed to increase its target allocation to private debt

Apidos co-founder set to join Medley as head of structured credit
One of the founding partners at CVC Credit Partners, is set to join Medley Management as head of structured credit in New York

Texas mid-market lender pulls in $180 million for second fund
A Houston-based mid-market specialist has raised just under $180 million in the first close of its second private equity-style fund, according to regulatory filings

Credit manager ICG hires west coast marketer
London-based credit manager Intermediate Capital Group has announced that it has hired a marketing specialist on the US west coast

Avenue to call it a day in European direct lending
Avenue Capital Management has pulled the plug on its European direct lending business

ICG announces retirement of chief executive
Intermediate Capital Group has announced that its chief executive and chief investment officer, Christophe Evain, is set to retire later this year after 23 years with the firm