Credit hedge funds - December 2024
Credit hedge fund performance

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

Princely Family of Liechtenstein’s LGT raises USD 2.17bn for latest credit fund
Royal family-owned LGT Capital Partners has successfully fundraised USD 2.17bn for its evergreen credit fund, according to an SEC filing  

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

Credit hedge funds
Credit hedge fund perfomance

Silver Rock sells 42% stake to Mubadala
New York-based Silver Rock has agreed to sell a 42% stake to Mubadala Capital, but the two entities will continue to operate independently

Oak Hill Advisors increases target cap to a billion dollars for new CLO equity fund
New York-based Oak Hill Advisors has raised USD 459m so far for its new CLO equity fund and increased the cap by USD 200m

Credit hedge funds
Credit hedge fund performance data for September YTD 

DE Shaw closes on USD 1bn opportunistic credit fund
Alkali Fund VI is a closed-end fund targeting opportunistic investments across corporate debt, structured credit, synthetic securitization and other specialty investments

CLO fundraising round-up - November 2024
CLO funds have had a stand-out year, and both fundraising and fund returns have soared, with managers out in the market with both third-party and captive CLO funds

Beach Point ramps up fundraise for captive CLO equity fund
Santa Monica, California-based Beach Point Capital Management is looking to raise a captive equity fund to support its CLO issuance

Global SRT market set for record year, according to Chorus estimates
A new update from SRT specialist Chorus Capital forecasts that 2024 will be another record-breaking year for its market with the number running around 25% ahead from last year so far

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

Credit funds at a glance
Emerging markets, structured finance and US high yield outperform, plus our tables of recent credit hires and recent fundraising

Pearl Diver raises USD 100m for first investment grade CLO fund
CLO equity specialist Pearl Diver has expanded up the stack with the launch of its first investment grade CLO fund 

Fund performance
CLOs feel the heat from corporate long-short and ucits funds in July; top ten credit funds in July 2024

Credit hedge funds
Credit hedge fund performance for July 2024

Credit funds at a glance
Fund performance; recent fundraising; recent hires

Credit hedge funds
Our credit hedge fund performance tables for June

Credit funds at a glance
Top performers, recent hires and recent fundraising

Sycamore Tree raises more than USD 100m for CLO tranche strategy
Sycamore Tree Capital Partners has raised more than USD 170m across two separate debt funds, include USD 100.5m for CLO debt

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

Credit hedge funds
Credit hedge fund performance tables

Credit funds at a glance
Top indices; recent hires; recent fundraising