Carlyle targets upper mid-market credit for new $3.1 billion fund
Carlyle Group has raised $3.1 billion for the first fund in its credit opportunities series.

Certior holds €100 million close on European fund of direct lending funds
Certior Credit Opportunities Fund II will focus on the European direct lending space - investing both in SME direct lending funds and investing directly into loans

HIG closes European small-cap special situations fund at $1.5 billion
HIG's distressed debt and special situations unit has closed held a final close for H.I.G. Bayside Loan Opportunity Fund V

Highbridge refocuses on credit as it liquidates listed multi-strategy fund
Highbridge Capital Management has announced to investors in a multi-strategy fund that it is winding down the vehicle and refocusing its business exclusively towards credit

US pensions funds allocate to Lone Star and Raven credit strategies
Two US-based pension schemes have invested in funds with exposure to credit, highlighting the appetite of institutional investors towards off-the-run asset classes.

Capzanine appoints Emisys co-founder to lead new Milan office
Following offices in Spain and Germany, the firm has opened a Milan office - and hired three former Emisys Capital officials

Ares and GSO carry unitranches over €1 billion mark
Flush with cash, European direct lending managers have finally passed the milestone one billion unitranche mark this quarter

Kartesia fills vacancy in DACH with key hire from Bayside
Kartesia has hired Guiseppe Mirante as its head of credit opportunities for DACH, according to an announcement today

Key figure in HPS's direct lending team parts ways with the firm
HPS Investment Partners has lost a senior member of its direct lending team in Europe

Alaska pension commits $545 million to seven credit funds
Alaska Permanent Fund Corporation has earmarked $545 million to funds across the credit spectrum across Q2, according to 27 February board documentation

Allianz IM puts $200 million into Indian private debt
Allianz Investment Management has committed $200 million into the private debt platform of Edelweiss, an Indian diversified financial services firm.  

HPS targets $8 billion for flagship mezzanine strategy
HPS Mezzanine Partners 2019, the firm's fourth fund in its mezzanine strategy, has won $100 million from a Louisiana pension fund 

Kreos exceeds €600 million target size for its largest direct lending fund to date
Kreos Capital has held a final close for its sixth European growth debt fund at €700 million

AnaCap buys €4 billion Italian SME loan portfolio
AnaCap Financial Partners has made its first transaction of its fourth credit opportunities fund 

Golding holds €580 million final close for private debt fund
Golding Capital Partners has held a final close for its private debt fund strategy at €580 million

Finint holds €51.6 million first close for Italian debt fund
Finint Investments has a €150 million target for PMI Italia II and expects to hold a final close by the end of 2019 

Talde launches €100 million debt fund
Talde Private Equity, a Spanish general partner company, has launched Talde Deuda Alternativa, a debt fund with a €100 million target aimed at financing European small and medium sized enterprises

Hermes adds ex-UBS official to private debt team
Hermes Investment Management has appointed a European leveraged finance specialist to its private debt team

EQT raises its second European direct lending fund
EQT has raised €2.3 billion for a European direct lending fund, exceeding its initial €1 billion target

KKR promotes three European credit specialists to managing directors
KKR has promoted several members of its team to managing directors - including a former US CLO portfolio manager

Blackstone builds on multi-asset approach with fifth fund
The new vehicle will invest directly into Blackstone deals across its alternatives platform

AlbaCore registers second credit fund as debut strategy nears full capacity
AlbaCore Capital has recently registered AlbaCore Partners II, indicating the private debt and opportunistic credit investment firm could soon be back on the fundraising trail, less than eight months after closing AlbaCore Partners I

Crestline holds $600 million final close for PE-focused financing fund
The new fund will provide financing to private equity funds post their investment period, allowing them to provide follow-on growth capital to portfolio companies or additional liquidity 

RiverRock prepares €1 billion European senior loan fund
Direct lender RiverRock European Capital Partners is targeting €1 billion for its latest European loan offering, Creditflux understands.

Direct lenders flock to Munich as German deal flow picks up
German private debt is attracting a growing number of fund managers. Market sources say that deal flow through the first half of the year was at 65% of 2017’s total and had surpassed the number of private debt deals executed by funds in each of the previous five years