Medley and former CEOs pay $10 million to settle SEC charges over AUM misrepresentation
The respondents have agreed to pay $10 million in civil penalties, without admitting or denying the findings

MidOcean announces promotions in credit business
Two portfolio managers are among those to earn promotion at MidOcean Partners 

Want an upsize with that reset?: Golub follows Ivy Hill with mid market CLO
Golub Capital made it two mid market CLO resets in two days by reworking its 2016 CLO, Golub 30 (M)-R, and upsizing the deal by $196.4 million from the original size

Credit Rendezvous: the upside of inflation
It is clear, inflation is not transitory and central banks are acting with several interest rate hikes likely in store for the US this year. That makes loans and CLO debt tranches attractive, but there could be opportunities beyond these floating rate assets

Former CIFC European CIO moves on from CLOs as he joins Man
Man Group has hired CIFC's former European chief investment officer alongside a Swiss Re official to launch a new capital assets solution unit

Blackstone secures $8.75 billion for lending fund
Blackstone Credit has collected $8.75 billion on the final close of its latest credit opportunities fund, Blackstone Capital Opportunities Fund IV, above its $7.5 billion target

GSO co-founders reunite as Hunter Point buys minority stake in Iron Park
Two of the three GSO Capital Partners co-founders Bennett Goodman and Tripp Smith have been reunited with Goodman’s Hunter Point Capital buying a minority stake in Smith’s Iron Park Capital

LP round up: CLO fund included in whopping $13 billion of credit allocations in November
Credit took centre stage in November as investors allocated over $13 billion to credit funds in the month, with one pension allocating $50 million for a European CLO risk retention fund 

HPS targets $9.5 billion for fifth mezzanine debt fund
HPS Investment Partners is targeting $9.5 billion for its fifth global mezzanine debt fund, HPS Strategic Investment Partners V - but unlike earlier vintages, HPS says it will not target opportunities within the upstream energy space

"Never have the choices for issuers been more varied, nor the market dynamics more complex"
Direct lending deal terms are becoming more attractive in Europe

"I’m passionate about broader representation within investment teams"
CIP's Leila Donnachy takes our credit quiz 

Intriva adds to asset management build up with senior hire
Intriva Capital, a mid-market lender and alternative investment firm, has hired a senior asset manager from HIG Capital

"It’s not unusual for investors to toggle between the US and Europe depending on pricing and terms"
The accents may be different, but US and European direct lending markets have a lot in common

Northleaf closes global private credit fund with $1.2 billion deployable capital
Northleaf Capital Partners has raised more than $900 million for its second private credit strategy, Northleaf Private Credit II 

KKR adds two senior private credit hires as it eyes new receivables and inventory financing strategy
KKR has added a former Credit Suisse and Sound Point Capital official to its private asset-based finance team 

Golub near-doubles size of CLO that left reinvestment last year with late reset
Golub Capital Partners teamed up with GreensLedge on Friday to reset a middle market CLO, Golub 33(M)-R2, almost doubling the size of the transaction

Sound Point confirms buy-out of CVC's US direct lending business
Sound Point Capital Management has bought CVC’s US direct lending business, the pair have confirmed. The deal will add $1 billion of assets to Sound Point’s $25 billion platform and includes nine investment professionals

AlbaCore swims to €1.5 billion first close on European private debt fund
AlbaCore Capital Group has held a first close on its third European direct lending fund, which has a €2 billion target

Mezz fund is meat and drink to Cerea as it holds €215 million first close
Cerea Partners is targeting companies in the food and beverage value chain as it launches a new mezz fund   

Sound Point strikes deal to buy CVC's US direct lending business: WSJ
Sound Point Capital Management has agreed to buy CVC’s $1.5 billion US direct lending arm as part of a push into private credit 

"Having multiple sources of data for investors is particularly helpful in opaque markets like private debt"
Our columnist looks at the new Lincoln International Senior Debt Index and finds total returns of 154.3 since 2014  

Audax closes fifth junior debt fund at $1.9 billion
Audax Mezzanine Fund V will provide junior capital investments in private equity-backed middle market companies

Mid market CLO league tables: Antares and Wells Fargo press reset to lead market
Following March's $5.87 billion, the busiest month of mid market CLO issuance since at least 2016, April felt like a quiet month for mid market CLOs with $2.26 billion pricing across three new issues, two resets and one partial refinancing

Park Square collects €1.8 billion for European mezz debt fund
With leverage, Park Square expects the strategy to have €2.2 billion of investable capital

Jefferies Credit poaches senior RBC pair for direct lending business
Jefferies Credit Partners has expanded its middle direct lending business with two senior hires