Ares launches direct lending fund for European wealth investors
The firm’s first ELTIF product will give individual investors access to its existing European direct lending strategy

Credit funds at a glance – April 2025
Our roundup of top performers, fundraising and moves in credit

US-based Diameter Capital moves to enter Europe as a CLO manager
EXCLUSIVE: The credit-focused alternative asset manager has made hires in Europe to issue CLOs in the region, according to sources

Tikehau launches semi-liquid private debt fund for broader investor base
The new fund is the first semi-liquid private credit vehicle available to investors other than French life insurance companies

Aegon AM launches fund for subscription line financing
The new fund will raise capital from institutional investors in Europe and the UK

Muzinich launches new European CLO platform with Eagle Point as strategic partner
The boutique US CLO manager plans to build a European platform that will support "a strong, multi-year pipeline of European CLO issuance"

Swiss investment manager LGT launches new European CLO platform
The alternative investments management arm of the LGT Group has unveiled a new CLO business, the latest addition to the European CLO management space  

Danske Bank Asset Management announces new fund investing in IG CLO tranches
The fund, which will invest in both US and European CLOs, will be overseen by the firm’s Chief Portfolio Manager Jacob Toft Hansen

TwentyFour Asset Management launches private asset-backed fund
It’s the first major move into private credit by the firm or its parent Vontobel Asset Management  

Generali Investments, Partners team up on private credit secondaries fund
Generali Investments’ debut private credit secondaries fund will invest globally and is available to professional investors

Scottish Widows plans private markets push through LTAF launch
EXCLUSIVE: the pension fund plans to invest in both private credit and private eqity with separate managers for each  

Capital Four raises EUR 3bn for first lien, senior debt in Europe
The manager's latest fund, called Private Debt V—Senior, closed at the hard cap

King Street, Generali Investments launch opportunistic credit fund for affluent Europeans
The fund will offer investments beyond traditional direct lending, offering investors access to corporate and asset-based lending, dislocated public credit, and some distressed situations

Europe-based Arini markets first US CLO with big team already in place in the States
EXCLUSIVE: Hamza Lemssouguer's hedge fund is progressing towards debuting its first US issue and building a US CLO managment business with aspirations to do multiple deals a year

PAG raises USD 1.25bn for significant risk transfers
The Hong Kong-based alternative asset manager is expecting the SRT market to grow at a 30% to 40% rate annually over the next few years

AlbaCore launches debut senior direct lending fund with backing from ADIA, MUFG
EXCLUSIVE: The new fund, which already had a first close of USD 1.8bn, will fundraise throughout this year with final close planned for 2026

AXA IM Alts launches diversified private credit fund for individual investors
The new strategy will invest across the entire private credit spectrum, covering not just direct lending but also asset-backed finance

UK regulators approve Aegon's new private credit fund for retirees
Aegon Asset Management plans to include the new private credit fund in a GBP 13bn diversified portfolio product

Silver Point recruits CLO PM Elliott-Taylor as it edges closer to European management launch
The firm hired away its latest recruit from a fellow European CLO management aspirant  

ELTIF 2.0 funds take off with 80 launches in just over a year

First out the blocks, Arcano heading a burgeoning list of names with big plans
As Arcano successfully debuts as a European manager, a reminder of the long list of others that are seeking to do the same 

M&G plans private credit fund for UK defined contribution plans
UK regulator, the Financial Conduct Authority, recently approved the private credit feeder fund  

Silver Point preps for first European CLO deal, hires trader for region
Silver Point is currently preparing its first deal and actively recruiting for its European platform 

Morgan Stanley launches European direct lending fund open to Europe's wealthy
The investment management arm of Morgan Stanley hopes to leverage its US wealth experience to distribute the new product to European clients  

Hamza Lemssouguer’s Arini aims to become a new US CLO manager
EXCLUSIVE: The European hedge fund has hired Goldman Sachs as arranger for its first US deal