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

Finisterre makes big hire from Axa IM as it prepares to launch new fund
Emerging market credit manager Finisterre Capital has announced the hire of Axa Investment Managers' global head of emerging market fixed income Damien Buchet.

Frankfurt-based direct lender raises €100 million for mittelstand fund
Mittelstand lender raises first private debt fund for institutional investors  

Manager pushes ahead with BDC plans as SEC investigates key investor
A newly-formed asset manager is pushing ahead with plans for a new business development company despite a key investor being hit by SEC allegations

Former BlueCrest PM plans multi-strategy credit hedge fund
Oliver Dobbs, a former portfolio manager with BlueCrest Capital Management, is looking to start his own multi-strategy credit fund.

West coast manager targets bridge loans for new direct lending fund
A US asset manager is creating a dedicated direct lending fund after finding success in direct lending through a multi-strategy vehicle.  

US pension fund backs Cerberus as part of $750 million credit push
A US investor has allocated large sums to two credit managers for distressed debt and direct lending strategies 

US manager targets new mid-market credit fund
A $500 million asset manager is launching a new "direct credit fund", according to filings seen by Creditflux