Creditflux

39% of private debt investors are underweight, but they're looking for opportunities
485 Investors have come together to reveal their thoughts about allocation, in a survey conducted by London-based investment consultant bfinance

Cheyne hires ex-BlueBay official to its new loans business in London
Cheyne Capital Management has finalised the formation of its strategic value credit business with Richard Cazenove joining as partner and senior portfolio manager after leaving BlueBay Asset Management earlier this year

Hampshire pension fund seeks private debt manager for £325 million mandate
Hampshire County Council is seeking a private debt firm to manage a £325 million private debt account for its pension fund, according to documents seen by Creditflux

Goodhart unveils new platform to invest in private debt and equity firms
London-based Goodhart Partners has launched a new platform to focus on strategic minority investments, predominantly in private debt and private equity firms.

CPPIB hires high profile European credit portfolio manager in London
Canada Pension Plan Investment Board has hired an experienced PM who previously worked on CLOs and private credit at Apollo

HarbourVest adds managing director to growing US private credit team
HarbourVest Partners has bolstered its private credit team with the addition of Karen Simeone, who joins as managing director

Harbert European Growth Fund flourishes with €215 million final close
London-based Harbert Management Corporation has held a final close for its second European Growth Capital Fund with €215 million in capital commitments

Private credit specialist rejoins Ares in Los Angeles
Ares Capital Management has appointed managing director Michael Zugay to its private credit team in Los Angeles 

Hamilton Lane hires business development official in Munich as it seeks DACH expansion
Hamilton Lane has appointed Martina Schliemann as principal and head of business development in the DACH region, in a bid to expand its presence in Germany, Austria and Switzerland.

Blackstone wins Italian direct lending approval for five funds
Blackstone has been granted direct lending approval in Italy for five Irish-domiciled alternative investment funds (AIFs), according to an announcement by law firm Simmons & Simmons, who advised on the approval

Family office CIO and ex-Kimura official launch new private debt firm
The chief investment officer of single-family office and an official who previously worked at Kimura Capital have joined forces to launch an asset management business

Advisors & Partners teams up with UK bank for private debt fund
The vehicle is anticipated to be the first in a series of private debt co-lending funds

Churchill targets $1 billion for latest US mid-market loan fund
Churchill Asset Management is looking to raise up to $1.5 billion for its second middle-market senior loan fund, Creditflux has learned

Prudential Capital Energy fuels first middle-market mezzanine fund with $343 million
Prudential Capital Energy Partners has closed its first middle-market mezzanine fund with $343 million of capital commitments

Investors place $312 million in Locus Point's inaugural private credit fund
Locust Point Private Credit Fund will provide financing to owner and operators in the senior housing and care sector throughout the US

Benefit Street Partners taps Monroe and BlackRock for private debt origination hires
Benefit Street Partners has made two senior appointments to its private debt origination team

Crayhill bolsters private credit team with managing director hire
Crayhill Capital Management has strengthened its asset-based private credit team with the appointment of a managing director in New York

White Oak raises $2.1 billion for US sponsorless direct lending strategy
White Oak Global Advisors has held a final close for its direct lending strategy, White Oak Yield Spectrum Fund, with $2.1 billion of capital commitments 

Pimco adds two former Tennenbaum officials as portfolio managers
Fixed income specialist Pimco has poached former Tennenbaum Capital Partner officials Geoffrey Jones and Gabriel Goldstein

Crestline nears final close for US direct lending vehicle with $680 million
Fort Worth-based Crestline Investors has gained strong investor appetite for its second US direct lending fund - Crestline Specialty Lending II

Alcentra forms $1 billion strategic partnership with SME loans specialist Funding Circle
Fixed income specialist Alcentra has bolstered its US direct lending capabilities and formed a strategic partnership with Funding Circle

Beechbrook edges towards first close for £300 million UK SME fund
Strathclyde Pension Fund has mandated £30 million to Beeechbrook UK SME Credit II, which will target a 8%-9% net IRR

Crescent lands into European direct lending for the second time
Crescent Capital Group is raising capital for its second European direct lending fund - Crescent European Speciality Lending Fund

Oberland hits $800 million hard cap for healthcare credit opportunities fund
Healthcare investment firm Oberland Capital has hit its $800 million hard cap for its second royalty and credit opportunities fund, the firm announced yesterday

Stifel builds out leveraged finance team with big hire
The new unit will focus on origination, underwriting, and syndication of leveraged loans and high-yield securities