Former Angelo Gordon CLO PM launches new distressed fund
A high profile credit portfolio manager has raised a fund for his newly-launched management company in New York

New York pension fund digs deep for $750 million allocation to credit
A direct lender and a leading distressed debt manager have earned support from the New York State Common Retirement Fund

West coast pension fund to decide on new PGIM real estate debt fund
PGIM is putting together a new real estate debt fund and is in talks with a pension fund active in credit

Former Highbridge team launch huge mezz fund
HPS Investment Partners, the firm previously known as Highbridge Principal Strategies, has held a first close on a new mezzanine debt fund which is intended to reach $5.5 billion.

Pension fund awards new credit manager $150 million for BDC
A new credit firm, led by senior officials including one of the founders of GSO Capital Partners, has won a $150 million mandate for a private credit strategy

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

Former UBS structured credit team launch CLO equity fund
A recently-formed credit manager based in New York is aiming to raise $150 million to invest in CLOs

Pimco casts an eye on mid-market loans for new $1 billion credit fund
Fresh details have emerged on a new corporate credit fund being launched by Pimco, which sources say could reach $1 billion.

West coast manager targets European investors for new high yield fund
A Los Angeles-based firm is launching a Ucits version of a credit fund in order to bring in more European investors, sources say

US manager joins direct lending bonanza with upcoming fund
A private credit firm based in Boston is marketing a new direct lending fund, according to market sources.

Emerging market manager forms big plans in Brazilian credit
A credit firm is aiming to launch two Brazil credit funds. The firm sees huge opportunities in the market, despite Brazil seeing its credit rating cut by two agencies in the last month.

Axonic launches new opportunistic credit fund
New York-based structured credit specialist Axonic Capital has so far raised $45 million for a new special opportunities fund

Babson Capital raises $110 million for new dedicated CLO fund
One of the CLO market's largest investors has raised $110 million for a new fund, according to regulatory filings

Ex-Highland duo make big CLO risk retention plans with modified CMV
A newly formed credit manager in Dallas, led by former Highland portfolio managers Patrick Daugherty and Kevin Rourke, is launching a groundbreaking risk retention fund

Columbus-based mezzanine lender raises $41.5 million for debut fund
A US middle-market lender has got its debut fund off the ground and expects to raise another $80 million in the next few weeks

Och-Ziff plans new funds for $4 billion credit expansion
Och-Ziff Capital Management's credit platform is on course for a major expansion.

West coast manager launches its latest credit fund
Los Angeles-based Beach Point Capital Management has launched a new fund, which appears to be targeting structured credit