Goldman Sachs shakes up private credit team
Goldman Sachs is rearranging its senior-level private credit team with the appointment of Greg Olafson as global head of private credit. 

Florida pension system allocates to three alternative funds
Three funds received commitments from the City of Hollywood Employees' Retirement Fund including an opportunistic credit fund and a direct lending fund

Cryptocurrency startup launches Bitcoin private credit fund
Meanwhile Advisors hopes to attract the attention of institutional investors, who will buy into the new bitcoin private credit fund in US dollars, which will then be converted to Bitcoin

ICG continues to build out global credit platform with two new senior-level hires
Global alternative asset manager is growing its North American private debt business. 

Ares secures another USD 50m for direct lending fund
The Ares Senior Direct Lending Fund III, which had its first close in July, is expected to be larger than previous vintages

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

Ann Arbor retirement system approves commitment to direct lending fund
The City of Ann Arbor Employees' Retirement System approved a USD 7m commitment to the PIMCO Private Income Fund

Despite CLO gloom in Europe and greater take up of private credit in the US, markets on both sides of the Atlantic are similar
I’ve just returned from a trip to London, my first since taking on the mantle of editing Creditflux, and was struck as always by how stubbornly far apart the European and the US markets remain.

Sixth Street taps Goldman Sachs exec for co-chief investment officer
Sixth Street Partners taps Goldman Sachs veteran Julian Salisbury for co-chief investment officer role

Oaktree promotes head of performing credit
Oaktree shuffles its C-suite, announcing major changes for 2024's first quarter. 

Mid market CLO issuance tops $2bn for the month as MidCap prices
Apollo affiliate MidCap Financial priced a middle market CLO on Friday named Woodmont CLO 2023-12, a deal that brought mid market CLO issuance for the month over $2 billion

Middle market CLO volumes surpass $2.5 billion in March after Churchill prices
Middle market CLO issuance for March climbed to $2.69 billion on Thursday after Churchill Asset Management priced a new transaction named Churchill MMSLF CLO II

LP round up: securitised credit mandate terminated amid $5 billion allocations and expanding relationships
Institutional investors revealed nearly $5 billion of allocations to 31 credit managers across January and February board meetings, according to materials seen by Creditflux. However, there were also two fixed income manager terminations, and one multi-strategy account placed on a watchlist

Brightwood prices sole CLO reset in second half of 2022
Brightwood Capital Advisors reset its 2020 middle market CLO named Brightwood MM CLO 2020-1 on 21 December, in the process completing the only CLO reset in the second half of 2022

Golub becomes 2022's largest mid market CLO issuer by deal volume
Golub Capital Partners has become the year's largest issuer of middle market CLOs by pricing its third transaction

Owl Rock becomes first manager to print three middle market CLOs in 2022
Blue Owl Capital became the first CLO issuer to price a third middle market CLO this year on Friday

Monroe prints second middle market CLO of the year
Monroe Capital Partners priced its first middle market CLO since February on Tuesday, and the largest middle market CLO in four months

Owl Rock prints first middle market CLO of September
Owl Rock Capital is the first manager this month to have issued a middle market CLO, bringing the total volume of mid market deals priced in 2022 to $7.6 billion

Alcentra structured credit portfolio manager steps up as primary PM for two funds
Alcentra has promoted the official, with Hiram Hamilton and Suhail Shaikh no longer the primary portfolio managers of BNY Mellon Alcentra Global Multi-Strategy Credit Fund and Hamilton no longer primary portfolio manager of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund 

Mid market CLO issuance tops $7 billion with first AB deal of year
Middle market CLO issuance for 2022 surpassed $7 billion on Friday after AB priced its first mid market new issue of 2022 named ABPCI Direct Lending Fund CLO XI

Fortress adopts unusual triple A debt structure on latest mid market CLO
Fortress Investment Group priced a new middle market CLO on Wednesday with an unusual triple A debt structure

NatWest keeps up momentum in US mid-market CLOs with role on MidCap new issue
NatWest Markets has scored another US CLO new issue arranging credit after teaming with Natixis and Apollo Global on Apollo-affiliate MidCap Financial's latest middle market transaction

Antares upsizes billion-dollar CLO in third-largest primary transaction of 2022
Antares Capital reset its 2018-2 CLO via Deutsche Bank on Thursday, in the third-largest primary market transaction of the year at $1.06 billion

Cerberus shows CLO price movement with first new mid market deal of 2022
Cerberus Loan Management on Friday priced its first new middle market CLO of the year

Owl Rock doubles size of 2020 mid market CLO with reset
Owl Rock Capital has more than doubled the size of its late 2020 CLO named Owl Rock CLO V after resetting the deal on Monday,