Pemberton adds to credit build out with NAV financing hire
Pemberton Asset Management has confirmed an appointment to lead a new net asset value financing strategy in what marks the firm’s third new business line in five months

Crestline collects $3.6 billion across three private credit fund closes
The Fort Worth, Texas-based manager has closed its fourth opportunistic credit fund, third direct lending fund and second portfolio financing fund

Constellation buys into real estate and mid-market corporate specialist
Constellation Capital has bought a passive, minority equity stake in Post Road Group, according to a joint-announcement. The transaction comes shortly after Post Road raised over $300 million for Post Road Special Opportunity Fund II

Mid market CLO league tables: diamonds are for 2019 and BCRED is for now
Middle market CLO issuance is off to a fast pace in 2022 as a busy February welcomed three new issue CLOs and three resets – adding $3.8 billion to this year’s tally of $4.39 billion

MidCap doubles size of 2018 CLO with reset
MidCap Financial almost doubled the size of its 2018 CLO named Woodmont 2018-4 Trust by resetting the deal via Deutsche Bank on Friday

Crescent raises $6 billion for US direct lending strategy
Crescent Capital Group has closed its third US direct lending fund, Crescent Direct Lending Fund III, with $6 billion of investable capital 

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

Blackstone prints largest CLO in $1.1 billion mid-market deal
Blackstone Credit has produced the fourth US CLO under the BCRED shelf with the firm pricing a $1.09 billion middle market CLO on Thursday

Pemberton hires former BlackRock official for new Dubai office
Pemberton has become the latest credit manager to expand its presence in the middle east with a new Dubai office

Crestline raises $1 billion for second portfolio financing fund
Crestline Investors has held a $1 billion final close on its second portfolio financing fund, Portfolio Financing Fund II

Re-issues show their worth after mid market deal morphs into BSL CLO
Re-issues are scarce in the CLO market, but a transaction late last year highlights how managers can use these effectively to make radical CLO transformations

Pennsylvania pension reveals $500 million in commitments to three private credit funds
Pennsylvania Public School Employees' Retirement has revealed three private credit commitments as part of $1.1 billion in allocations to its alternatives bucket

SME CLO supremo leaves Be-Spoke for expanding Spanish firm
One of the pioneers behind SME CLOs has left Be-Spoke Capital to join another Spanish lender. He leaves behind the only SME CLO in Europe since the 2008 financial crisis  

Ares rounds out bumper year for direct lending with $14 billion US fund
Ares Management is ending 2021 with yet another massive direct lending fund-raise

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 

Mid market CLO league tables: deal record breaks as Wells Fargo gains new issue lead
The mid market CLO space had a record-breaking month in November on three counts

Mount Logan adds junior debt in reset of 2018 mid-market CLO
Mount Logan has reset a Us mid-market CLO it signed in 2018, increasing the size of the deal and shaving the cost of the capital stack and adding junior tranches

Golub prices second billion dollar and second-largest CLO of 2021
Golub Capital has priced the second largest CLO of 2021

Maranon prints first new issue of year with Wells Fargo
Maranon Capital on Monday evening priced its first new issue CLO of the year, via Wells Fargo

Angelo Gordon unit set to break into mid market CLOs
Twin Brook Capital Partners is preparing its first middle market CLO, in a move which would put Angelo Gordon alongside Blackstone as the firms with the most rounded CLO businesses

Capital One scores first solo CLO arranging credit for Brightwood Capital
Captial One Securities has priced its first CLO as sole placement agent by arranging a middle market deal for Brightwood Advisors

White Oak deploys 80% of new $1.3 billion non-sponsored direct lending fund
White Oak Global Advisors has closed its latest direct lending fund, White Oak Yield Spectrum Fund V, at over $1.3 billion and recieved a further $1 billion for asset-based lending

Antares names CEO following Brackett's retirement
Antares Capital has named its new chief executive officer, following the retirement of CEO David Brackett effective 31 December

CIFC looks to have another crack at direct lending
CIFC Asset Management is exploring the possibility of building out a direct lending business for a second time, with chief executive officer Steve Vaccaro telling the audience at Creditflux’s CLO Symposium that the firm is looking to broaden its business

Golub prints largest reinvesting CLO of 2021 at $950 million
Golub Capital Partners priced the largest reinvesting CLO of the year so far on Tuesday