State Street and Apollo win the private credit ETF race
The industry’s first private credit ETF will invest in investment grade private credit and investment grade public fixed income

Centerbridge launches new distressed debt fund targeting around USD 4bn
EXCLUSIVE: The Washington State Investment Board looks to come back as an investor in Centerbridge’s fifth special situation funds that’s looking to raise USD 4bn 

Octagon launches debut direct lending fund seeded by Generali Investments
EXCLUSIVE: Generali Investments has agreed to provide seed capital for Fund I, which will pursue sponsor-backed direct lending deals in the middle and upper middle market    

JPMorgan to kick start private debt fund for wealthy individuals
Structured as an interval fund, JPMorgan Asset Management plans to use the fund to invest across direct lending, asset based finance and distressed debt investments.

Antares launches private credit fund for wealthy individuals
The new vehicle, started with USD 1.4bn in investable capital, will target the private wealth channel, a growing investor base to the private credit asset class

Trinity Capital eyes launching European debt fund
Private credit manager and BDC Trinity Capital is mulling a dedicated European fund

Blue Owl raises more than USD 2bn for evergreen direct lending strategy
Blue Owl has raised more than USD 2bn for its sophomore direct lending fund that focuses on senior, first-lien loans

Blue Owl delays fundraising launch of opportunistic credit fund
Blue Owl has put fundraising for its upcoming opportunistic credit fund on pause as it evaluates the market opportunity, according to sources familiar with the matter. 

MA Financial Group launches US private credit interval fund
MA Financial Group, a global alternative asset manager based in Sydney, Australia, has launched a US private credit interval fund managed by US business arm, MA Asset Management

FoxPath readies debut credit secondaries fund
New York-based FoxPath Capital Partners is in the process of launching its debut fund, which will invest in private credit secondaries

Carlyle’s AlpInvest and Mubadala establish fund financing partnership
Carlyle Group subsidiary AlpInvest Partners and Mubadala have set up a new credit co-investment partnership to provide portfolio senior fund financing on a global basis  

MUFG, DWS financing venture starts with project, infrastructure investments
MUFG and DWS Group announced a “private financing strategic venture” this week to enhance both firms’ ability to underwrite and distribute infrastructure and alternative credit investments

PGIM to bring mezz fund back to market in 2025
PGIM Private Capital, the middle market private debt business of global investment manager PGIM, plans to launch its latest private credit mezzanine fund next year

Janus Henderson highlights agency mortgages in new fixed-income ETF
John Kerschner views agency mortgages as the cheapest thing in fixed-income and has a high allocation for the new JIII ETF   

Janus Henderson launches new fixed income ETF
Janus Henderson announced the launch of a new fixed income ETF today. Janus Henderson Income ETF (JIII) has a broad remit to invest across fixed income globally.

Allianz and AlTi launch new private debt program for UHNWs
Allianz X has struck a joint venture with global wealth management firm AlTi Global to create a private debt investment program for ultra-high-net-worth investors

Pantheon raises USD 1.19bn for latest private credit secondaries fund
Pantheon has raised USD 1.19bn in its latest fundraising for Pantheon Senior Debt Secondaries III, to invest in the private debt secondaries space

TPG Angelo Gordon raises nearly USD 2bn for private credit strategy
TPG Angelo Gordon has raised USD 1.82bn so far for its private credit fund called TPG AG Credit Solutions Fund III which is targeting USD 4.5bn in commitments
   

Corinthia eyes EUR 1bn first close for maiden European direct lending strategy
Corinthia is on the cusp of holding a EUR 1bn first close for its inaugural European direct-lending strategy, four sources familiar with the situation said. 

Crescent targets USD 3bn raise for direct lending fund IV
Crescent Capital is expected to launch its latest lower middle market and middle market direct lending fund, Crescent Direct Lending Fund IV, this quarter

Silver Point launches new direct lending fund
Connecticut-based Silver Point Capital has launched a new direct lending fund, Silver Point Private Credit Fund, according to a filing with the SEC

GoldenTree to launch Private Credit Fund II
The second closed end fund in the GoldenTree Private Credit strategy should launch in the fourth quarter of 2024

Blue Owl moves to launch direct lending business in Europe
US-based asset manager Blue Owl is looking to launch a direct lending business in Europe and is interviewing deal-markers in the regions

Monroe selected by White House for new USD 1bn auto lending fund
Direct lender Monroe Capital is launching a White House-inspired USD 1bn institutional, closed-end fund to make direct loans to suppliers and manufacturers in the US automotive supply chain, the company announced.

Viola Credit partners with Apollo affiliate on USD 500m JV
Cadma Capital Partners has launched a joint venture with Viola Credit that will focus on making asset-based loans