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

Pearl Diver raises USD 100m for first investment grade CLO fund
CLO equity specialist Pearl Diver has expanded up the stack with the launch of its first investment grade CLO fund 

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.

Sycamore Tree kicks off new captive equity fund with major LP commitment
CLO manager Sycamore Tree has secured a USD 75m commitment for its second captive equity fund from SDCERA

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

Polen Capital targets USD 200m for new CLO equity fund
Polen Capital has taken another step on the road to becoming a US BSL CLO manager with the launch of a new captive equity fund

Chatham hires Thomas Flannery to lead new CLO management business
Chatham Asset Management announced today that it has launched a CLO management business supported by a raft of senior hires

Abry Partners shifts public credit fund towards private credit with USD 1.6bn continuation fund
The new credit continuation fund, closed in conjunction with secondaries specialist Coller Capital, will reinvest assets into private credit

German manager launches two new private credit fund-of-funds
YIELCO Investments, a German alternative asset manager, is planning a 2024 first close for two newly launched private debt fund-of-funds

Churchill launches private credit fund with USD 210m
Churchill Asset Management, an affiliate of global investment manager Nuveen, has launched a new private credit fund

Texas bank launches direct lending division
Dallas-headquartered bank Texas Capital is expanding into the private credit market with the launch of a new direct lending platform 

Vector launches special situations private credit fund
A San Francisco-based private equity firm has launched a new private credit special situations fund, and is aiming to raise USD 300m

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

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

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

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.

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.

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