Creditflux

New Hampshire pension agrees $50 million investment in direct lending
New Hampshire Retirement System (NHRS) has committed $50 million to a Chicago-based direct lender

New York pension commits €200 million to ICG across two mid market funds
ICG has won a €200 million golden ticket for two of its mid market funds: ICG North American Private Debt Fund II and ICG Europe Fund VII

Canadian pension fund appoints head of credit
Toronto-headquartered Canada Pension Plan Investment Board has appointed John Graham as head of credit investments, effective 1 June 2018

Golding poaches BlueBay's Das to head private debt
Golding Capital Partners has expanded its private debt capabilities, hiring former BlueBay partner Abhik Das as private debt head and Florian Hofer as investment manager

Zencap looks to raise €200 million for its third infra debt fund
French alternative investment boutique Zencap Asset Management is launching its third senior infra debt fund with a €200 million first close target, the firm announced on Friday.

California pension fund seeks private markets advisor
Stanislaus County Employees’ Retirement Association (StanCERA) is searching for a private markets advisor to help manage the pension fund’s private markets activities, board documentation reveals.

Market volatility will fuel demand for alternative credit, research suggests
The increase in market volatility will fuel demand for alternative credit over the next two years, according to research by Dutch asset manager NN Investment Partners NNIP.

Credit-oriented PE firm opens Texas office to aid capital deployment
Credit-oriented private equity firm Orion Energy has opened a new office in Houston in a bid to set up a local presence and deploy capital from its recent successful fund close

Manager raises €300 million for agriculture-focused credit fund
Paris-headquartered fund manager Céréa Partenaire has held a €300 million first close for its second debt fund, less than seven months after fundraising began

New York pension fund allocates $400 million to two private debt funds
New York State Common Retirement Fund has awarded $400 million to two private debt managers: GSO and Vista Equity Partners, Creditflux has learned

Former BlueBay team raise €280 million for debut credit fund
Dublin-headquartered DunPort Capital Management has announced a close for its credit fund, Elm Corporate Credit fund, with €280 million capital commitments

GoldenTree, KKR and StepStone earn sub-advisor roles for new interval fund
FS Investments is launching a multi-strategy interval fund and has chosen GoldenTree Asset Management, KKR Credit and StepStone Group to act as sub-advisors

Antares promotes loan specialist Lyne and ex-JP Morgan CLO chief Mathew
Private credit giant Antares Capital has announced that founding partner Timothy Lyne has been appointed senior managing director and co-head of sponsor coverage while Vivek Mathew has been promoted to head asset management and funding

BlackRock expands US private debt capabilities with TCP acquisition
BlackRock has agreed to acquire $9 billion asset manager Tennenbaum Capital Partners

White & Case adds direct lender partner to its New York office
Global law firm White & Case announces that direct lender lawyer Nicholas Palumbo has rejoined the firm

M&G launches 'first of kind' multi-sector impact debt fund
M&G Investments has today launched a multisector positive impact private debt fund, which it claims is the first of its kind by a mainstream manager

Boston firm raises $75 million for latest private credit fund
$18 billion manager follows up 2015 fund that now has $352 million in assets

Mayer Brown adds private credit partner in Chicago
Jaime Gatenio joins global law firm as banking and finance partner in its global private credit group

German firm holds first close of direct lending fund at €300 million
Frankfurt-based Rantum Capital has launched a second subordinated loan fund, a direct lending strategy called Rantum Private Debt Fund II

Spain's Ahorro Corporación to push into direct lending amid ownership changes
Spanish brokerage and advisory firm Ahorro Corporación is planning to move into direct lending and has changed up its ownership structure, with StormHarbour's stake dropping from 90% to 40%