Ares closes USD 34bn senior direct lending fund
Ares has closed what could be the largest direct lending fund ever with nearly USD 34bn raised, including USD 15.3bn in equity commitments

Japanese bank SMBC launches first private credit fund
Sumitomo Mitsui Banking Corporation has launched its first private credit fund with EUR 450m in investable capital

Trinity Capital partners with Eagle Point to launch new credit fund
Venture debt specialist Trinity Capital and CLO equity investment firm Eagle Point Credit have launched a new credit fund intended to become a private BDC

Pearl Diver to list new CLO equity fund
Pearl Diver is listing a new CLO equity fund on New York Stock Exchange under "PDCC" ticker

Oak Hill teams up with One Investment for European private credit
US-based Oak Hill and One Investment ink JV with USD 5bn to invest in upper middle market and large European companies 

Ex-Sculptor veterans launch new asset-backed firm Indago
Sculptor alumni led by Akhil Mago have kick started Indago to invest in asset-backed finance and CLOs

French asset manager launches impact credit fund for European SMEs
 A Paris-headquartered alternative asset manager held the first close of its SME-focused direct lending fund at EUR 200m

Australian brokerage launches private credit division and first debt fund
A new firm, spun-off of a commercial finance brokerage, has launched a direct lending fund to invest in property-backed Australian SMEs

Indian alternative asset manager seeking USD 240m for private credit fund
Indian alternative asset manager Vivriti Asset Management recently revealed plans to raise USD 240m (INR 20bn) for a new Indian private credit fund 

John Hancock launches multi-asset credit interval fund
A new fund, managed by affiliate Manulife | CQS, will invest in multi-asset credit strategies and fixed-income asset classes  

Canadian asset manager lays out plans for new evergreen private credit fund
New fund will launch in partnership with fintech platform iCapital and soon start accepting subscriptions from accredited investors.

First private credit LTAF is approved
The UK’s Financial Conduct Authority greenlighted a joint venture this week, representing the first long-term asset fund offered by a private debt specialist

European credit specialist Sona raises USD 800m, exceeds expectations
European credit specialist Sona Asset Management held a final close of its Capital Solutions II fund

French investment firm closes sixth private debt fund with EUR 2.5bn in commitments
French private investment firm Capza held a final close of its sixth private debt fund, with commitments 50% greater than the size of the previous vintage

Ture receives EUR 30m commitment for Nordic private credit fund
Swedish direct lender Ture Invest Partners continues to raise funds for the third vintage of its private credit fund — called Ture Credit Fund III

Pengana launches private credit platform aimed at retail investors
Sydney-headquartered money manager Pengana Capital Group has launched a new private credit platform

Stifel and Lord Abbett form joint venture for private credit
SBLA Private Credit is the latest example of investment banks and asset managers teaming up for a slice of the USD 1.7tn private credit market.

MidOcean Partners closes USD 765m opportunistic credit fund
MidOcean's latest direct lending strategy focuses on lending to mid-sized stressed, distressed and dislocated performing businesses.

Indian manager raises nearly INR 25.75bn for credit opportunities fund
A Mumbai-based manager held a final close on its new special sits fund with INR 25.75bn raised

Florida-based credit specialist raises USD 130m for opportunistic credit fund
A new opportunistic credit and asset-based finance fund will back companies in the media, tech, telecommunications, intellectual property and specialty finance sectors

Guggenheim closes USD 1.2bn private credit vehicle
Guggenheim Investments has closed a USD 1.2bn levered private credit vehicle backed by Apollo

Australian money manager plans to launch AUD 1bn IG fund
An Australian alternative asset manager is planning to launch a new AUD 1bn investment grade debt fund, drawing on the country's pension system as a major source of fundraising

StepStone launches private credit interval fund
New evergreen fund from StepStone is available to both individual and institutional investors  

Iowa-based manager launches new direct lending interval fund
A new direct lending interval fund has been launched with a strategy that focuses on lending to lower and core middle market companies

PGIM Private Capital launches ELTIF
PGIM Private Capital rolled out its first European long-term investment fund as managers continue to adopt the new fund structure