Fund of hedge fund operator appoints new CFO and COO
Alternative investment firm Gapstow has appointed a new chief financial officer and chief operating officer, promoting internally to fill the roles

LGIM hires three to private credit team
Legal and General Investment Management Real Assets (LGIM) has announced three senior hires to its private credit business 

New York real estate investment fund raises $420 million
New York-based real estate investment management firm Madison Realty Capital has raised more than $420 million for Madison Realty Capital Debt Fund, regulatory filings reveal

Fidelity International names new global head of asset management
Fidelity International has confirmed the appointment of Bart Grenier to the newly created position of global head of asset management in London, a spokesperson confirms

Angel Oak exceeds $250 million target for inaugural mortgage credit fund
The Altanta-based manager has held a final close on its first private debt fund, recieving capital commitments of $291 million 

Carlyle, ICG and Oaktree earn approvals as Chile's first alternatives managers
The news follows recent reforms to Chile’s Pension Fund Law allowing pension fund administrators to invest directly in alternative asset managers

Aegon debuts affordable housing debt fund at $100 million
Aegon US Realty Advisors continues its social impact investing scheme, holding a $100 million close on its affordable housing debt fund 

BNY Mellon completes sale of real estate asset manager
Global asset manager BNY Mellon Investment Management yesterday completed the sale of investment boutique CenterSquare Investment Management 

Japanese internet and telco giant SoftBank completes Fortress acquisition
Japan’s SoftBank Group Corp has completed the previously announced acquisition of Fortress Investment Group for $3.3 billion in cash

Blackstone taps Australia's mortgage loan market with new acquisition
New York-based Blackstone is tapping into Australia’s lucrative mortgage loan market by acquiring an 80% stake in direct lending company La Trobe Financial

Angelo Gordon names two new co-CIOs
Angelo Gordon has appointed two new co-chief investment officers, according to a letter seen by Creditflux

Northern Trust hires alternatives sales manager in London
Chicago-based Northern Trust has announced a new London-based hire, who will be tasked with spearheading sales across the alternatives fund sectors in Europe, Middle East and Africa (EMEA)

Financial advisory firm taps former Capita professional to lead new funds unit
Financial advisory services firm Highvern Trustees has announced plans to launch a new funds business, and has hired a former Capita Asset Services professional to lead it

Manager hits £600 million hard cap for third real estate debt fund
London-based DRC Capital has closed its third real estate fund at £600 million ($802 million), hitting its hard cap and surpassing its target of £500 million 

US real estate lender launches fourth credit fund
Commercial real estate finance company Acore Capital has launched a new credit fund but has not yet made any sales on the product, regulatory filings suggest

KKR Credit wins US pension fund's $300 million private debt mandate
KKR credit has won a mandate from an Iowa pension fund to act as its private corporate debt strategic partner, board documentation seen by Creditflux reveals

RBS managing director joins global real estate advisor in London
The firm has named London-based Paul Coates as its new executive director and head of debt and structured finance EMEA

Standard Life’s $13 billion MyFolio moves towards global corporate bonds
MyFolio, a fund-of-funds investment solution, has introduced global corporate bonds and short-dated global corporate bonds to its fund range

Canadian property manager announces fund close at $3 billion
The alternative asset management firm, Brookfield, committed $400 million to the vehicle

Chicago-based firm closes debt fund with over $1 billion raised
LaSalle Investment Management has announced the final close of its third debt strategies fund with over £800 million ($1 billion) in commitments

Santander appoints former UBS official as infrastructure debt advisory chief
Santander has appointed a new head of European infrastructure debt advisory

Amundi raises €665 million loan fund and expands in real estate debt
Paris-based Amundi reveals the final close of its third senior corporate debt fund and expansion of its real estate platform

Aberdeen Standard holds first close on secured credit fund at £350 million
Aberdeen Standard Investments is looking to invest in real estate debt, infrastructure debt and other types of private credit

Apollo teams up with Palmira to launch €1 billion joint venture
A new joint venture from Palmira Capital Partners and the Apollo European Principal Finance Fund III seeks to invest more than €1 billion in pan-European modern logistics facilities

East coast manager launches two corporate tax credit funds
First Sterling has launched two new private equity-style credit funds, according to regulatory filings