Schroders appoints global head of private assets division
Schroders has made a hire for its newly created job of global head of private assets, which includes private equity, infrastructure finance, real estate investments and direct lending  

Tikehau garners €2.1 billion for European direct lending strategy
Tikehau Investment Management has collected €2.1 billion for its fourth private debt strategy - three times larger than its predecessor fund 

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.  

BlueBay closes fourth direct lending fund at €6 billion
BlueBay Asset Management has held a final close for its fourth private debt fund with over €6 billion of investable capital

MV and EQ combine for €70 million for private credit fund
EQ Asset Management has raised €70 million for its second private credit fund in partnership with MV Credit, the fund of fund operator has announced

Italian foundation seeks new CIO to oversee pension pot
Rome-based foundation Fondazione Enasarco is searching for a new chief investment officer, following the departure of Robert Rausch  

Performing credit tops distressed credit for Blackstone, but credit AUM declines
The firm is looking to boost its direct lending business to gain $10 billion of available capital over the next couple of years

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

Axa IM looks to buy stake in mezzanine lender Capzanine
Axa Investment Managers (Axa IM), the multi-asset investor, and Axa France, the Paris-based insurance company, have entered exclusive talks to buy a minority stake in French private equity house and debt provider Capzanine, from Eurazeo

Partners Group private debt assets hit €15.36 billion
Partners Group, the Swiss alternatives manager, secured €5 billion of new private debt commitments in 2018, propelling the firm’s private debt assets under management to €15.36bn

Allianz GI expands private debt team with senior hire
The new hire will be responsible for developing Allianz GI’s mid-market debt offering across Germany

Strathclyde pension looks to allocate up to £1.1 billion into credit
Glasgow City Council, the administering authority for the Strathclyde Pension Fund, has launched request for proposals (RFP) seeking to appoint investment managers specialising in private corporate debt and real estate debt.

Muzinich poaches Neuberger Berman MD for top fund distribution role
Muzinich has hired a global head of distribution, according to an announcement today, picking up the role previously held by Joshua Hughes, who left for CIFC Asset Management in May

Head of European private debt Bone earns promotion at Partners
Partners Group’s head of private debt in Europe, Christopher Bone, has been promoted to partner as one of 10 senior-level promotions announced by the firm

Credit Suisse and Patrimonium launch direct lending fund and plan a follow-up
Credit Suisse and Patrimonium have completed the launch of a new direct lending fund which has reached CHF165 million ($167 million).

Tikehau fund edges towards €1.6 billion close with €75 million EIB commitment
The European Investment Bank has approved a €75 million commitment to Tikehau Investment Management

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 

Finnish foundation seeks alternatives manager
Turku 2029 foundation, a recently created Finnish foundation based in the city of Turku, has issued a notice seeking a manager for its €8m alternatives investments, in a bid to diversify its portfolio.  

Tikehau’s private debt AUM hits €7.5 billion
Tikehau Capital, the Paris-based asset management and investment firm, has reached €7.5 billion in private debt assets under management (AUM) as of September 2018. This represents an increase of 17% for the third quarter, amounting to €1.1 billion  

ICG hits €4 billion target for European private debt fund
Intermediate Capital Group has hit its €4 billion fundraising target for its seventh European private debt fund, according to the firm’s semi-annual results

Regulators suggest clampdown on UK loans
The Bank of England recently raised alarms about the state of the UK leveraged loan market, drawing parallels to the growth of the US sub-prime mortgage market

Managers see growth in distressed and direct lending, but structured credit splits opinion
The private credit industry remains on track to grow to $1 trillion assets under management by 2020, according to joint research published by the Alterative Credit Council and law firm Dechert with allocations to distressed and mid-market deals tipped to rise. But structured credit has divided US and European managers

First European SME CLO 2.0 edges closer after warehouse tweaks
Be-Spoke Capital’s European SME CLO is nearing the finishing line, with sources indicating NatWest Markets aims to price the deal, Alhambra SME Funding 2018-1, in early December. The development comes after the CLO exceeded the warehouse’s 12-month ramp-up period