NYS Common Retirement Fund to invest USD 100m in Pearl Diver's distressed CLO fund
Public Pensions, Private Pursuits: New York State, Ohio pensions reveal recent private credit investments 

Carlyle promotes credit head to co-president amid senior reshuffle
Mark Jenkins joins John Redett and Jeff Nedelman as new co-presidents of Carlyle

Capital Four raises around USD 120m for first global captive CLO equity fund
EXCLUSIVE: The firm has held a first close for its latest CLO equity fund, which will fund the firm’s future CLOs in both the US and Europe

Man Group to acquire CLO and private credit manager Bardin Hill
The USD 3bn credit manager, now named Bardin Hill, is a private credit and US CLO shop based in New York

BNP Paribas taps alts head for combined BNP, AXA IM group
Isabelle Scemama will oversee more than EUR 300bn in assets as the two groups merge

Fund performance - February 2025
Structured finance leads, but all indices stay positive as 2025 begins

Partners Group seeks to more than double private credit AUM
The alternative investment firm plans to grow private credit AUM to more than USD 70bn and could consider acquisitions

Credit hedge funds - December 2024
Credit hedge fund performance

Fund performance - December 2024
CLO funds cap off strong 2024 with yet another good month

A holiday funds roundup
A recap of end-of-year happenings as the industry kept moving right through the holidays and the new year celebrations

Legal analysis of Serta Simmons decision
Serta Simmons’ excluded lenders ring in the new year celebrating appellate wins across the board - debt exchange not conducted on 'open market'

Fund performance
Entering the final three months of the year, CLO funds took a clean sweep of the top 10 spots in the Creditflux tables. October was strong overall, as over 85% of funds listed made positive returns

Janus Henderson highlights agency mortgages in new fixed-income ETF
John Kerschner views agency mortgages as the cheapest thing in fixed-income and has a high allocation for the new JIII ETF   

Fund performance - Emerging markets index takes top spot in solid month for credit overall
September was another positive month for credit funds. In almost every category our indices were positive, and four strategies showed solid average returns of 1% or more. 

Fund performance
August returns were largely positive for credit hedge funds, as 88% of those listed in the Creditflux database reached into the black

Credit hedge funds
Credit hedge fund performance tables as of the end of August 2024

September 2024 US Leveraged Highlights
While new money activity in the loan market reached its highest point in the last 18 months in 3Q24, it remains significantly lower than historical averages

September 2024 European Leveraged Highlights
Heading into the final quarter institutional loan volumes rose 171% year-on-year to EUR 150bn, while bond issuance doubled from last year to EUR 93bn

Mizuho takes minority stake in Golub, strikes distribution agreement
Mizuho Financial Group has acquired a passive, minority stake in Golub Capital’s management companies as part of a strategic partnership

Irradiant raises USD 219m for CLO investing
Irradiant Partners raised USD 219m from investors for a CLO Opportunities Fund 

ABS specialist LibreMax partners with fintech platform iCapital
New York-based securitized credit specialist LibreMax Capital has teamed up with fintech platform iCapital

Blackstone reports 18% return from private credit over last 12 months
Blackstone's private credit and liquid credit returns outperform private equity investments in the last 12 months

Fund performance
Spire, Prytania and Serone funds enter top 10 dominated by CLOs; Leading fund: Alegra ABS 2

Ex-Sculptor veterans launch new asset-backed firm Indago
Sculptor alumni led by Akhil Mago have kick started Indago to invest in asset-backed finance and CLOs

Fund performance
CLO funds dominate again as they take 18 spots in top 30 list