Credit investors look to outsource as risks begin to add up
Institutional investors and managers are outsourcing to third parties as credit and macro­economic risks mount

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

Nuveen targets €500 million for inaugural pan-European real estate debt fund
Nuveen has made a first close on its fourth commercial real estate debt fund, expanding its geographical focus for the latest series from a UK-focused only to a pan-European strategy

La Banque Postale launches first infra debt fund "of its kind" with Article 9 offering
La Banque Postale Asset Management has raised €270 million as part of the first close of  LBPAM Infrastructure Debt Climate Impact Fund, which is an Article 9-aligned fund under the Sustainable Finance Development Regulations

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

Dispersion begets dispersion in mixed bag of fund returns
Idiosyncratic risks are set to rise in credit, with fund managers becoming occupied with tail risks, and that has been seen in a scattered set of March hedge fund returns

CRE CLO episode shines light on CLO get-out clauses
Market disruption clauses are rare in CLO warehouse agreements, but litigation surrounding a cancelled 2020 CRE CLO underlines how these can give CLO issuers added flexibility in a doomsday scenario

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

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

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

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

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