Ex-Accunia CLO specialist lands at Danish firm to build structured finance platform
An ex-Accunia chief investment officer and CLO specialist has landed at Danish commercial real estate firm CBRE

Credit funds at a glance (April 2022)
A round up of fundraising and people moves in credit  

LP round up: Oak Hill wins $3bn mandate as credit allocations near $10bn in March
Institutional investors revealed over $9.5 billion of allocations to credit funds in March. Oak Hill Advisors walked away with the largest mandate, as US heavyweight pension Calpers allocated a whopping $3 billion across several of its funds

Pretium collects $1.7 billion for second residential mortgage credit fund
Pretium has closed second residential credit fund at $1.7 billion

Former Goldman Sachs flow credit trading head lands at Daemon
Brazilian investment management firm Daemon has expanded its US arm by appointing two managing partners, one of which is the former head of credit flow trading at Goldman Sachs

Ardian expands into real estate debt
Ardian says it has created a European real estate debt business, assigning Arnaud Chaléac with oversight of this unit in Paris

Constellation buys into real estate and mid-market corporate specialist
Constellation Capital has bought a passive, minority equity stake in Post Road Group, according to a joint-announcement. The transaction comes shortly after Post Road raised over $300 million for Post Road Special Opportunity Fund II

Credit funds at a glance (March 2022)
A round up of fundraising and people moves in credit

CarVal funds establish mortgage conduit
Carval Investors has, through its funds, established a mortgage conduit known as Mill City Loans

Infrastructure manager targets €1 billion for eclectic mix of project finance debt and SRTs
A Copenhagen-based firm is launching its first credit fund and has partnered with an SRT specialist in London for a component of its potential €1 billion offering  

Credit funds at a glance (February 2022)
A round up of fundraising and people moves in credit

Oaktree closes $3 billion real estate debt fund with 55% deployment
Oaktree Capital Management held a roughly $3 billion final close on its third global real estate debt strategy, Real Estate Debt Fund III

Ares expands into European real estate debt with Carlyle hire
Ares has expanded its presence in European real estate debt with the appointment of former Carlyle official as partner and head of the real estate debt team

Credit Rendezvous: the upside of inflation
It is clear, inflation is not transitory and central banks are acting with several interest rate hikes likely in store for the US this year. That makes loans and CLO debt tranches attractive, but there could be opportunities beyond these floating rate assets

Post Road stamps final close on $300 million opportunistic credit fund
Post Road Group has held a final close on its latest middle-market corporate , Post Road Special Opportunity Fund II, at ‘more than $300 million’

Castlelake climbs to $1.6 billion final close on fourth aviation fund
The Minneapolis-based firm says it has deployed just over half of the $1.6 billion fund, which invests in “high quality, younger mid-life aircraft and related aviation assets”

US pensions assign $1.5 billion to 16 credit managers in December
US public pensions rounded off 2021 by gifting credit managers around $1.5 billion in commitments, according to documents seen by Creditflux

Credit funds at a glance (January 2022)
A round up of fundraising and people moves in credit

First Euro CRE CLO points to likely growth market
CRE CLOs have been identified as a likely growth market in Europe following the successful pricing of the first transaction on the continent, according to sources

Credit Fundraising: mega funds contribute to record-breaking month as volume hits $39bn
The sheer size of the funds raised in November more than compensated for a drop in the number of funds raised as fundraising volume in credit reached $38.9 billion. This beat September by $2.4 billion to make it the most productive month of credit fundraising in 2021

Credit Fundraising: Private credit and CLO captive equity feature strongly as closes mount up
Credit funds have made a fair start to the fourth quarter, although the $21 billion raised during October is down substantially on September’s impressive record for 2021

Credit funds at a glance (November 2021)
A round up of fundraising and people moves in credit

FCA draws up new fund structure for long-term assets
The UK’s Financial Conduct Authority has finalised a new fund structure that is designed to make it easier for defined contribution pension plans to invest in long-term assets

Real estate manager wins $50 million debt mandate from 'Hong Kong insurer'
Patrizia has secured a $50 million commitment from a Hong Kong insurer to invest in real estate debt

Axa IM launches multi-strat fund for pensions
Axa Investment Managers’ ‘alternatives’ business has launched an open-ended strategy for pension funds