Muzinich places $500 million bet on Asia Pacific region
The investment firm completed the final close for its first Asia Pacific-focused private credit fund with $500 million. 

Medalist Partners doubles size of private credit fund in final closing round
Medalist Partners enters final closing stages of its most recent private credit fund, nearly doubling the size of capital commitments from previous funds. 

Berenberg closes its fourth debt fund in the renewable energy space
Berenberg is continuing to raise money in the renewable energy debt sector, with the German bank working alongside BayernInvest Luxembourg to close its fourth debt fund in the space.

Union Bancaire Privée adds new strategy to fixed income plans
Union Bancaire Privée has expanded its fixed income offering with a new high-income strategy investing in high-yield bonds, subordinate corporate and financial debt and securitized credit, such as CLOs

US endowment fund backs Coliseum for distressed debt play
Coliseum Capital Management has earned the support of a large endowment fund for its new distressed debt fund

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

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

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

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.

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  

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