Goodhart unveils new platform to invest in private debt and equity firms
London-based Goodhart Partners has launched a new platform to focus on strategic minority investments, predominantly in private debt and private equity firms.

HarbourVest adds managing director to growing US private credit team
HarbourVest Partners has bolstered its private credit team with the addition of Karen Simeone, who joins as managing director

White Oak raises $2.1 billion for US sponsorless direct lending strategy
White Oak Global Advisors has held a final close for its direct lending strategy, White Oak Yield Spectrum Fund, with $2.1 billion of capital commitments 

Alcentra forms $1 billion strategic partnership with SME loans specialist Funding Circle
Fixed income specialist Alcentra has bolstered its US direct lending capabilities and formed a strategic partnership with Funding Circle

Mid market CLO league tables: GSO and Vista join the party
The US middle market CLO industry is booming with two new managers moving into this area

Stifel builds out leveraged finance team with big hire
The new unit will focus on origination, underwriting, and syndication of leveraged loans and high-yield securities

Four private credit managers score as Arizona pension fund commits $250 million
The $9.78 billion pension fund has mandated nearly $250 million to four private credit managers, alongside additional commitments for co-investment opportunities 

GSO debuts in mid market CLOs with Diamond CLO
GSO Capital Partners' Diamond CLO is for one year with the manager pricing a short-dated mid-market deal

Distressed debt outperforms as Texas pension fund's credit strategies gain 11.2%
Texas County and District Retirement System (TCDRS), the $30 billion pension fund, generated 11.2% annualised returns from its credit portfolio for the year ending 30 June. Distressed debt was a major positive, but IG credit lost value

Californian pension fund commits $25 million to new US direct lending fund
A $3.01 billion pension fund has invested $25 million to a US direct lending fund managed by Twin Brook Capital Partners 

US pension fund's new private credit portfolio delivers strong early returns
A US pension fund recently created a private credit bucket and this has generated 9.25% time-weighted returns

GSO registers new direct lending fund after going solo
After its partnership with FS Investments reached an end, GSO Capital Partners has registered a new direct lending fund with US regulators

Maine pension bolsters private credit allocation with $100 million mandate
The pension fund mandated $100 million to a US direct lending firm, after it was underweight its 5% target allocation to alternative credit 

Goldman's BDC receives 95% shareholder approval for leverage increase
Following recent regulatory changes, the $1.23 billion Goldman Sachs BDC has received a 95% shareholder approval to raise its debt to equity ratio from a one-to-one to a two-to-one ratio

Credit drives strong returns for five of the largest asset managers in the business
Carlyle is close to hitting its ambitious fundraising target; direct lending has been kind to Ares; and Och-Ziff has decided to shed its US CLO risk retention stakes after exiting its financing agreements

New York pension fund earmarks $200 million to two private debt managers
The $115.5 billion pension fund has made $100 million commitments to two private debt managers in Q2 

Dyal buys minority stake in another private credit manager
Following a minority stake acquisition in HPS last month, Neuberger's Dyal has now attained a stake in another New York based private credit manager

Private credit helps drive returns for Alaska pension fund
The $64.9 billion sovereign wealth fund has generated 8.79% returns from private credit for the fiscal year ended 30 June

Star names join Barclays as it pushes into CLOs

THL Credit looks to raise new US direct lending fund
Boston-headquartered THL Credit is looking to raise capital for its fourth direct lending fund – THL Credit Direct Lending Fund IV, according to SEC filings.

Private equity firm Thoma Bravo brings in $500 million for first private credit fund
Technology-focused private equity specialist Thoma Bravo has raised $500 million for its inagural private credit fund, which is targeting $750 million

Oaktree raises new special situations fund while CIO warns of direct lending risk
Oaktree Capital Management has released its second quarter 2018 results in which the Los Angeles-based firm reported $2.4 billion of new capital commitments in the quarter

Twin Brook holds $2 billion first close for third direct lending fund
Twin Brook Capital Partners, an Angelo Gordon subsidiary, has held a first close for its third direct lending fund with approximately $2 billion capital commitments

Audax wins $100 million direct lending mandate from US pension fund
The $3.5 billion Pennsylvania State Employees Retirement System has awarded $100 million to a US direct lending fund managed by Audax Group