Carlyle hires head of credit investor relations in New York
Carlyle Group has hired an ex-Pretium official to lead investor relations for its credit platform

CPPIB reveals $600 million in credit investments across France, India and US
Canada Pension Plan Investment Board has revealed $600 million in credit allocations to three managers

PE firm HG targets up to $1 billion for credit fund to invest in its portfolio companies
Documents show HG's Titan 1 will allow investors to capture the returns that have historically gone to third-party credit investors 

Sell-off regathers momentum as inflation signals mount
A glum mood has returned to financial markets, beginning with the US session on Tuesday and overspilling into global trading on Wednesday

Canadian pension Imco allocates $500 million to Ares
Investment Management Corporation of Ontario has revealed a $500 million allocation to a large credit manager that includes $400 million to a fund-of-one

Financials and high yield corps retrace tighter after inflation shake out
Credit markets firmed up on Tuesday, with European single name CDS finding a chance to recover some ground after Monday's inflation-led weakness. But credit indices underperformed, struggling to return tighter even as stock indices advanced once again and oil prices hit new highs

Morgan Stanley IM hires MD to private credit and equity team
Morgan Stanley Investment Management has hired a Los-Angeles based official to its private credit and equity team

Deerpath closes $1.1 billion US lower mid-market direct lending fund
With leverage, the firm expects Deerpath Capital V will have over $2 billion of deployable capital

Schroders and Oaktree launch global credit ucits fund
Schroders has partnered with Oaktree Capital Management to launch a global multi-strategy credit fund, Schroder GAIA Oaktree Credit fund, which will sit within Schroders' alternatives ucits platform

Adams Street taps former Churchill official as private credit partner
Adams Street Partners has added a partner to its private credit team

Credit underperformance resumes as equity turns corner
Credit markets are pushing wider once again on Wednesday, even though stock markets look to regaining some composure following Tuesday's steep sell off

BC joins forces with ex-Investec official for private equity financing strategy
The new offering will provide flexible capital to private equity funds and managers

Orion crosses $1 billion mark with third energy credit fund
Orion Energy Credit Opportunities Fund III will invest in middle market infrastructure credit 

BlackRock holds $940 million first close on global private debt fund designed for UK pensions
BlackRock has collected $940 million on a first close of its new private debt fund BlackRock Diversified Private Debt Fund 

Eaton private credit co-head joins another placement agent
Eaton Partners' co-head of private credit has left after 16 years at the firm 

Ex-Cerberus and Jefferies officials join FLC to lead new private debt unit
Family Legacy Capital Management, an investment manager for family office, has unveiled a New York-based private credit unit and has brought on former officials from Cerberus and Jefferies to lead the charge

US pension hunts for opportunistic credit manager
Managers have until 4pm ET on Tuesday 1st June to complete the request for proposal

Audax closes fifth junior debt fund at $1.9 billion
Audax Mezzanine Fund V will provide junior capital investments in private equity-backed middle market companies

Shenkman closes debut drawdown fund at $325 million
Shenkman Capital Management has closed its inaugural drawdown fund with over $325 million capital commitments

LP round up: $3.2 billion flows to 21 managers as private credit illiquidity premium holds firm
Investors allocated at least $3.2 billion to credit managers in April - and direct lending funds were in favour with Churchill and Ares being awarded two mandates

CLO fund comes top by distance in middling month for credit
A CIS Asset Management fund, which invests mainly in US CLO equity, was the star performer in March after gaining 7.36% in the month

ESG factors show up in leveraged loan pricing in US
Environmental, social, and corporate governance factors are filtering through to the US CLO market and influencing loan prices

Fund performance: Lightning strikes twice as range of credit funds deliver
What seemed like a chance occurrence in February has struck again in March, as seven categories make our top 10 best performing hedge funds

Credit hedge funds (May 2021)
Credit hedge fund returns

Ucits at a glance: Altana moves into pole position
March marked a drop in pace for Ucits funds as only 62% of funds made positive returns, compared to 80% in February