Credit fundraising hits $11.1bn in September
$11.1 billion was raised for credit-orientated strategies in September, according to Creditflux’s fundraising tracker. Just over half of this ($5.6 billion) comes from direct lending funds

Adams Street adds Ares private credit specialist to its New York office
Adams Street Partners has expanded its private credit team with the addition of former Ares Management official Justin Lawrence.

Ares raises $2.15 billion in seven months for private credit strategy
Ares Management has raised about $2.15 billion for a private credit fund over just seven months, as it creeps close to its $2.5 billion cap

New Ares strategy points to euro direct lending SMA with US pension fund
Ares Management has registered a vehicle known as Ares European Credit Strategies VII, in what is believed to be a separately managed account geared towards direct lending

Direct lending growth spurs Ares's AUM above $100 billion
Yet again credit and, more specifically, direct lending is proving to be the driving force behind Ares Management’s growth

Wealth manager bumps up allocation to new Ares structured credit fund
A wealth management firm has increased its allocation to a structured credit fund that is being raised by Ares with a $500 million target

Ares brings in leveraged finance specialist Higgins as partner in credit group
The former global head of long-only credit strategies at BlueBay Asset Management has resurfaced at Ares Management in London

Ares wins $1.1 billion in global direct lending SMAs in strong start to 2017
Direct lending proved to be Ares Management’s most successful strategy in fundraising terms with the firm registering $1.1 billion of inflows for European and US private debt in the first quarter

Ares hires from Barings for real estate debt business
Ares Management is fortifying its real estate debt business

British Business Bank joins forces with Start Up Loans Company
The British Business Bank and the Start Up Loans Company are set to merge, according to a joint-statement issued yesterday. The former has supported a number of UK direct lending funds

Ares picks up distressed debt specialist
Distressed debt analyst switches US coasts to work with Ares

Direct lending drives growth for Ares's credit business
Credit was Ares Management's most productive business line during the third quarter with the asset manager receiving $3.9 billion in inflows across a number of different strategies

High profile credit specialists' new firm poaches Ares official
One of the biggest US credit manager launches this year is gathering momentum with sources indicating that the start up has hired from Ares Management

Ares hires business development specialist from Alcentra in London
Ares Management has added to its business development capabilities in Europe, according to well placed sources.

Ares earns support for credit strategies with $3.9 billion raised in Q2
Credit has been the most popular segment of Ares Management’s business with the firm raising $3.9 billion in various credit strategies during the second quarter

Ares earns pension fund support for upcoming bond-loan fund
Ares Management is in the process of launching a new credit fund which will target leveraged loans and high yield bonds

US pension fund hires Ares and Monroe in private credit push
A US pension fund that has been pushing into direct lending has recently committed to private credit strategies run by Ares Management and Monroe Capital.

Calpers joins US pension fund charge towards distressed debt
US pension funds continue to put money to work in distressed debt strategies with California Public Employees' Retirement System among the institutions that are allocating towards new distressed funds

Loan trader jumps from rival fund manager to join Ares in Los Angeles
Loan and high yield bond trader leaves credit manager to join rival Ares's Los Angeles offices