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

Sagard targets North American middle market opportunities with new senior lending fund - partner
Sagard, a Power Corporation of Canada alternative asset investment platform, will provide first-lien financing to lower middle market and middle market US and Canadian companies

GSAM raises USD 21bn for large-cap private credit
Goldman Sachs Alternatives announced on Wednesday that it had raised more than USD 20bn for large-cap private credit investments

Gravis Capital prepares to launch inaugural private credit fund
Gravis Capital is preparing to launch its first private credit fund with a EUR 500m-equivalent target size

Shorooq Partners closes USD 100m private credit fund
Shorooq Partners, an Abu Dhabi-based alternative investment manager, announced on 23 May the first close of its USD 100m second private credit fund

Sound Point readies third special sits fund
Sound Point Capital Management plans to launch its third special situations private credit fund during the fourth quarter of this year

Boutique London manager holds first close on direct lending fund
London-based alternative investment manager Prefequity revealed the first close of its Prefequity Credit Opportunities II fund 

Canadian hedge fund Polar closes SRT fund with USD 300m
Polar Asset Management Partners attracted USD 300m from investors as the Toronto-based hedge fund ramps up a dedicated fund for significant risk transfer, or SRT

Singapore-based Kadita Partners closes private credit fund
Singapore-based private credit manager Kadita Partners has closed the Kadita Credit Solutions Fund 1

Swedish manager raises EUR 1.7bn for private credit fund
A Stockholm-based private credit specialist has closed a fund targeting non-sponsored loans to mid-sized family-owned and growth businesses in Northern Europe

Raymond James and Eldridge Industries launch private credit platform
Raymond James and Eldridge Industries are the lastest additions to the growing list of traditional banks and asset managers teaming up to expand their private credit platforms

Avenue Capital raises billion dollar European special situations fund
New York-headquartered Avenue Capital Group held the final close of a new European special situations fund with more than USD 1bn in commitments

Benefit Street closes USD 850m special situations fund
Benefit Street Partners held the final close of an upper middle market focused special situations fund with roughly USD 850m

British bank and Irish asset manager team up
British Business Investments and DunPort Capital Management are the latest bank and asset management duo working together

Apollo raises funds for special sits
Apollo Management has pushed ahead with its plans to raise funds for the second iteration of its credit special situations fund

Former Capital Dynamics' employees launch Camberline Capital Management
A former Capital Dynamics managing partner has launched Camberline Capital Management in New York, a boutique investment firm, will specialize in private credit

Australian private credit fund-of-funds launched for retail investors
Pengana Capital Group has launched a private credit fund for retail investors that will be listed on the Australian Stock Exchange

MGG raises more than USD 400m in first close of lower middle market fund
MGG Investment Group has filed the first close on its MGG Structured Solutions Fund II, offering capital solutions to non-sponsor backed companies

Allianz gears up to launch European credit impact investing fund
Allianz Global Investors filed regulatory documents in Luxembourg this week for a new impact investing fund, the latest in a string of similar strategies

Obra launches two new structured credit ETFs
Obra Capital joined the ETF market yesterday, announced the listing of two new ETFs, both with heavy CLO allocations

Blue Torch closes USD 2.3bn private credit fund
New York-based middle market lender Blue Torch Capital has closed its Blue Torch Credit Opportunities Fund III

LGIM launches alternative investment fund
European asset manager Legal & General has launched a new private credit fund which will sit on a newly-created Reserved Alternative Investment Fund, or RAIF platform