South Carolina, Texas among systems disclosing recent credit allocations
Ares Pathfinder Fund III to launch in 1Q26 with USD 5bn target, while South Carolina system allocates USD 550m to two managers and Illinois and Montana systems commit USD 150m across various funds

Oklahoma system allocates USD 1.3bn as others set 2026 targets
OTRS commits USD 1.3bn to Blackstone, KKR private credit funds, while Los Angeles, New Hampshire, San Antonio pensions disclose recent moves

Florida, New Mexico systems commit hundreds of millions to direct lending
Florida commits USD 1bn to European direct lending; New Mexico allocates USD 450m at November meeting; Illinois, San Diego pensions also disclose recent commitments

Second new BSL prints of the year from PineBridge, TPG Angelo Gordon
Both managers issued their second new BSL CLOs for 2025 on Monday

South Carolina, Virginia among pensions revealing recent credit-focused investments
South Carolina Retirement System Investment Commission allocates over USD 900m to four managers; Virginia, Los Angeles pensions also disclose recent private credit investments, while East Bay Municipal Utility District and City of Jacksonville pensions seek to expand private credit exposure

A Texas pension discloses investment in CLO equity fund
Texas Municipal Retirement System commits USD 775m in Q2 2025, including investment in OHA's CLO equity fund

US refis issue from TPG Angelo Gordon, Invesco and Columbia
The three managers refinanced US CLOs at the close of last week, with the repriced paper totalling just over USD 1bn in value

Virginia, New Mexico among pension systems making new private credit commitments
Virginia Retirement System allocates USD 500m under credit strategies portfolio, while New Mexico State Investment Council allocates USD 250m to Fortress Investment Group and Indiana Public Retirement System commits USD 200m to HPS

CLO manager M&A driven by search for talent and scale
Irradiant’s star investor Maji set to depart as firm is acquired

TPG Angelo Gordon prices its first private credit CLO since September
The manager added to the list of middle market deals this year with a new USD 397m issue  

TPG Angelo Gordon raises nearly USD 2bn for private credit strategy
TPG Angelo Gordon has raised USD 1.82bn so far for its private credit fund called TPG AG Credit Solutions Fund III which is targeting USD 4.5bn in commitments
   

Angelo Gordon refinances CLO that turned heads with step-up structure
Triple-A investors in the Northwoods Capital XII-B reissued step-up tranche had a great run, but have now be refinanced

Angelo Gordon prints fourth middle-market CLO in Twin Brook series
Middle market CLO issuance continues to grow with the pricing of a new deal from Angelo Gordon 

Angelo Gordon adds fresh equity for 2018 CLO reset
Angelo Gordon’s latest reset of a 2018-vintage CLO saw a huge equity injection. The deal was originally a reissue of a 2014 deal.

Angelo Gordon adds 2014 US refi to its roster
Angelo Gordon kicked off May as it wrapped up April, with the pricing of another US deal – on this occasion, a partial US refi.

Twin Brook grows MM CLO business with upsized deal number three
Angelo Gordon yesterday priced the third iteration of its Twin Brook series of middle market CLOs in a USD 445.75m transaction, upsized from an initial USD 350m

Cincinnati Retirement System allocates USD 90m to private credit
The Cincinnati Retirement System committed a total of USD 90m to three separate private credit funds at its 1 February meeting

Third time is the charm as Northwoods Capital 22 CLO gets reset
New York-based Angelo Gordon has reset and upsized its Northwoods Capital 22 CLO. The deal originally dates back to 2020, when it was initially sized at USD 294.8m, before being refinanced in 2022.

Knoxville pension system commits USD 10m to direct lending fund
The pension fund is making its first direct lending allocation as it explores the asset class 

Angelo Gordon brings in BlackRock exec for credit team
Angelo Gordon expands distressed debt and special situations team with new hire from BlackRock

Angelo Gordon strengthens structured credit team
Angelo Gordon announced a mix of internal promotions and new hires for its structured credit team yesterday.

Angelo Gordon raises more than $1 billion for credit fund
New York-based alternative investment firm closes asset-based credit fund with more than $1 billion. 

Private credit fundraising continues as two new funds launch
Private credit funds continue to see growth with two new US funds launching this week.

TPG buys Angelo Gordon for $2.7 billion
TPG has entered into an agreement to buy Angelo Gordon in a cash and equity deal valued at around $2.7 billion, the firm has announced

TPG in talks to buy Angelo Gordon: Bloomberg
The deal marks the private equity firm’s first foray into credit since parting ways with its credit arm Sixth Street in 2020