AXA wins USD 400m for SRT strategy from US pension fund
The growing global demand for SRT transactions was confirmed yesterday with an announcement from AXA IM Alts that it had been awarded a USD 400m investment mandate from a US pension fund

LGIM launches alternative investment fund
European asset manager Legal & General has launched a new private credit fund which will sit on a newly-created Reserved Alternative Investment Fund, or RAIF platform

Funds round up: private credit reaches for retail
A number of new credit funds launched last month to round out 2024's first quarter, including ones in Europe aimed at retail investors

Swedish credit specialist closes European lending fund with EUR 1.7bn
A Swedish credit specialist has closed its fifth non-sponsored direct lending fund with more than EUR 1.7bn raised

Pemberton raises EUR 2.3bn for opportunistic direct lending fund
Pemberton Asset Management recently held the final close of its Strategic Credit Fund III with EUR 2.3bn raised

ThinCats unveils GBP 300m fund for UK SMEs
UK-based alternative lender ThinCats has launched a new fund aimed at supporting SMEs in England's Northwest, Midlands, London and the Southeast

Blackstone partners with Finland's S-Bank for European private credit fund
Blackstone has partnered with Finnish S-Bank, making it possible for individual investors in Finland to tap into the European private credit market

Zurich and Pemberton team up for new ELTIF 2.0 private credit fund
The new ELTIF 2.0 fund will give Individual investors and life insurance customers in Europe access to the private debt markets

Funds round-up: Feb-2024 - managers turn to European wealth
European private credit managers turn to the wealthy in our roundup of notable fundraising in February 2024. 

UK manager launches new private credit growth fund
Manager held a first close of its new private credit growth fund with GBP 75m, as the UK-based firm continues to grow with new senior-level hires

GSAM launches private credit fund for wealthy European investors
Goldman Sachs Asset Management is the latest firm to launch a private credit fund aimed at wealthy European individual investors, joining managers like Blackstone in the push for alternative fundraising sources

Alternative asset managers increasingly tapping wealth channel for private credit fundraising
Wealthy individual investors have become increasingly appealing to alternative asset managers looking to raise money for private credit funds as asset managers look to broaden fundraising beyond institutional investors

Funds round-up: Jan 2024 - a positive start for the New Year
Asset managers continue to raise funds for private credit in our roundup of notable fundraising in January 2024. 

Arcmont raises EUR 10bn for latest European direct lending fund
Arcmont Asset Management revealed the final close today of its Direct Lending Fund IV and associated vehicles, having raised EUR 10bn, the high end of its target range

Connecticut Retirement Plans and Trust Funds commits more than USD 600m to credit manager
Connecticut Retirement Plans and Trust Funds has allocated approximately USD 625m to pension funds in the state's private credit portfolio

Captive equity is still an option as Carlyle raises fund
Despite predictions of poor returns, captive equity funds can still be raised. The latest manager to hit the market is Carlyle Group, the world’s largest CLO manager according to our 3Q23 Creditflux rankings. According to market sources, Carlyle is raising a half-billion-dollar equity fund, which is expected to be complete by the end of the year.

BNP Paribas launches climate impact infrastructure debt fund
BNP Paribas Asset Management has launched the BNP Paribas Climate Impact Infrastructure Debt fund as interest in impact investing and ESG-related causes continues to grow around the world

Amundi launches impact strategy aiming at agri
European asset manager Amundi has launched an impact investing strategy dubbed Amundi Ambition Agri-Agro Direct Lending Europe, with the intent of preserving natural resources and ensuring food sovereignty.

Eurazeo closes direct lending fund at EUR 2.3bn
The new direct lending fund's strategy entails investing in non-cyclical European small and medium-sized enterprises with valuations between EUR 30m and EUR 300m.  

M&G launches first European private credit fund
M&G Investments is the latest firm looking to individual investors as an avenue for fundraising with the launch of a new ELTIF, dubbed the M&G Corporate Credit Opportunities Fund

Brookfield infra debt fund beats fundraise target
Brookfield Asset Management has held an above-target final close for its third infrastructure debt fund, in a sign of strong appetite for debt in contrast to tough fundraising conditions in infrastructure equity

European manager has first close of EUR 300m credit opportunities fund
European credit hedge fund Ironshield Capital Management has revealed the first close of a EUR 300m capacity distressed fund

BlackRock raises EUR 1.25bn for venture debt fund
BlackRock-owned Kreos Capital held the final close on the Kreos Capital VII fund with commitments of EUR 1.25 billion

Oak Hill raises USD 2.3bn for distressed fund
Oak Hill Advisors secured USD 2.3bn in equity commitments during the final close of its distressed investment fund, the OHA Strategic Credit Fund III

CIP hits final close for first debt fund
Copenhagen Infrastructure Partners has raised EUR 1.2bn in a final close of its inaugural renewable energy debt strategy