Aegon AM launches fund for subscription line financing
The new fund will raise capital from institutional investors in Europe and the UK

Nuveen Private Capital taps Ares partner for private wealth distribution
The platform encompassing Churchill Asset Management and Arcmont Asset Management, has hired Moshe Bajnon for the newly created position of global head of private wealth

Park Square raises EUR 3.4bn for direct lending strategy
Park Square continued its long standing partnership with SMBC as the cornerstone of a Eureopan direct lending fundraise

Cheyne Capital hires head of origination
Cheyne Capital Management has hired a new managing director, head of origination and trading, for the firm's strategic value credit unit

Cheyne returns to SRT market with eye-catching hire
Cheyne Capital has re-entered the significant/synthetic risk transfer (SRT) market, bringing on an industry veteran to act as portfolio manager

Global Loan Highlights 1Q24: Don’t call it a comeback
Loan refinancing share hits historic high, but IG issuance stymies YoY global growth

Equity piles up in European direct lending portfolios after debt swaps
European debt funds have fully or partially equitised at least 61 loans provided to companies backed by some of the biggest names in private equity since 2018, analysis by Debtwire shows.

Värde Partners promotes two to partner
Värde Partners has made two senior-level promotions, including a new global head of business development and investor relations and a new chief operating officer

Blackstone to close multi-strategy fund after assets fell nearly 90%
Blackstone plans to shut down its Blackstone Diversified Multi-strategy Fund by the end of the year after assets within the fund declined by nearly 90% in the last four years

Global head of CLOs and loans switches firm to focus on private credit
Dan Robinson, Man Group's managing partner of capital asset solutions and global head of CLOs and loans has moved to a new asset manager

M&G launches first European private credit fund
M&G Investments is the latest firm looking to individual investors as an avenue for fundraising with the launch of a new ELTIF, dubbed the M&G Corporate Credit Opportunities Fund

Loan Highlights 3Q23: Loan volumes remain significantly lower than historical averages
Capital markets loan activity continued to struggle in the third quarter of 2023, as issuers in the Americas and Europe held off from tapping markets

Berenberg closes its fourth debt fund in the renewable energy space
Berenberg is continuing to raise money in the renewable energy debt sector, with the German bank working alongside BayernInvest Luxembourg to close its fourth debt fund in the space.

Crédit Agricole appoints head of corporate and leveraged finance
Crédit Agricole CIB has appointed a head of corporate and leveraged finance, effective Thursday

Pantheon hits $590 million close on second credit opportunities fund
The fundraise means Pantheon has raised $3 billion for its private credit secondaries strategy since its dedicated launch in 2018

Fund performance: European CLO funds lead the way
February was a positive month for many funds, as only one quarter failed to reach the black. This builds off a stellar start to the year: 96% of funds reached a positive return in January

Mapre launches private debt strategy to bring together subsidiary investments
Mapre Asset Management is bringing together all private debt investments made by the insurance group's subsidiaries, as well as new investments, with the launch of a new private debt fund

Permira brings in Carlyle European special sits co-head for new business
Permira has strengthened its new strategic opportunities busines

Amundi aims for €600m for new senior mortgage fund
Amundi is launching Amundi Commercial Real Estate Loans II, a European senior mortgage fund

Hilltop hires CIO for real estate credit business
European real estate credit specialist Hilltop Credit Partners says it has hired Claudiu Gheorghita as chief investment officer.

Carlyle appoint former Goldman executive as CEO
Carlyle Group have appointed former Goldman Sachs Co-President and CO-Chief Operating Officer Harvey Schwartz as Chief Executive Officer and a member of the board, the firm has announced.

Senior credit origination head joins Oaktree in London
Oaktree Capital Management has hired a managing director for sourcing and origination

Italian NPLs under spotlight as debt collector spreads blow wider
Intrum, the Swedish debt collection firm, is suffering a sharp push wider in credit spreads after writing down part of a portfolio focused on the Italian market

LP round up: two managers terminated as 20 win $2.5 billion
US institutional investors allocated over $2.5 billion to 20 credit managers in October, according to documents seen by Creditflux. Two credit fund managers however were terminated in the month

Sculptor CEO Levin refutes "personal issue" accusation by ex-chief Och
Sculptor Capital Management’s independent board and the company’s chief executive officer and chief investment officer Jimmy Levin have fired back at former CEO and founder Daniel Och after he cited a “personal issue” in reference to Levin’s past