BNP Paribas launches climate impact infrastructure debt fund
BNP Paribas Asset Management has launched the BNP Paribas Climate Impact Infrastructure Debt fund as interest in impact investing and ESG-related causes continues to grow around the world

DigitalBridge closes USD 1.1bn digital infra credit fund
DigitalBridge has closed a digital infrastructure fund called DigitalBridge Credit (Onshore), raising USD 1.1bn in commitments

Brookfield infra debt fund beats fundraise target
Brookfield Asset Management has held an above-target final close for its third infrastructure debt fund, in a sign of strong appetite for debt in contrast to tough fundraising conditions in infrastructure equity

Ares raises USD 6.6bn for asset-based credit fund
Ares Management Corporation revealed the final close of its asset-based private credit fund Ares Pathfinder Fund II, reaching its hard cap at USD 6.6bn in commitments

CIP hits final close for first debt fund
Copenhagen Infrastructure Partners has raised EUR 1.2bn in a final close of its inaugural renewable energy debt strategy

AEW poaches MD from BlackRock as the firm acquires Natixis' private debt business
The expanded European platform will include infrastructure debt and new investment products

Ohio pension fund commits $50 million to credit fund
The commitments mark the second time this year the Ohio-based system has allocated funds to private credit. 

SCRS sinks millions in private credit funds
Nine percent of the South Carolina system is already dedicated to private debt as it commits USD 50 million extra 

Maryland pension system commits hundreds of millions to credit funds
The Baltimore-based pension system made commitments to five private debt funds between June and September of this year

Arrow Global names new senior-level hires
London-based asset manager announces new CIO of credit and direct lending

Mount Street taps Dechert exec for client development role
The European-headquartered third-party loan servicer and credit asset manager is expanding Stateside. 

RiverRock secures €153 million in commitments for new senior loan fund

RiverRock sets €1 billion commitment target for latest fund, nearly double the size of its previous vintage

Credit funds at a glance (September 2023)
A round-up of people moves and fund raising  

Credit hedge fund returns (September 2023)
Credit hedge fund returns  

Illinois Municipal Retirement Fund sinks hundreds of millions into credit funds

The Illinois Municipal Retirement Fund has invested more than half a billion dollars into several credit and direct lending funds

New Mexico State Investment Council commits $150 million to infra debt fund
The New Mexico sovereign wealth fund approved a $150 million allocation to the Newmarket International Infrastructure Finance Company IV 

Ares second Pathfinder credit fund nears $5 billion target
Ares raised an additional $1.8 billion in 2Q23 for asset-backed fund

Beverage holding company launches new $100 million credit fund
Beverage holding company seeks to fuel the bourbon business with new $100 million credit fund

BlackRock eyes next infra debt fund
BlackRock Alternatives is looking to launch a second global infrastructure debt fund, shortly after the departure of its European head of debt

Blackstone closes energy transition fund at over $7.1 billion
Blackstone builds on sustainable credit platform with the final close of a new $7.1 billion green fund 

Asset manager launches credit fund focused on sustainable initiatives
Sustainably-focused asset manager Power Sustainable has launched credit fund with plans to invest in energy, transportation, social and digital and other sustainable infrastructures

Australia's largest super fund beefs up international team
Australia's largest pension fund is is growing its team across other geographies in an effort to increase its international presence

Asset-heavy companies look again at whole business securitisation
Whole business securitisations (WBS), which improve bondholder protections by ringfencing some parts of a business into an SPV, were popular before the financial crisis, but existing transactions in the UK have started to tap the markets for fresh funds. 

Harbor Group International names new chief investment officer, credit investments
Global real estate investment and management firm Harbor Group International has named Matt Jones as the new chief investment officer for credit investments

Widening spreads settling into renewables debt pricing
Pricing for infrastructure and renewables financing has increased across the board, according to sister publication Infralogic