Allianz holds €500 million first close on private credit fund of fund
The vehicle, which has a €1.5 billion target, invests jointly with Allianz

Golub prints largest reinvesting CLO of 2021 at $950 million
Golub Capital Partners priced the largest reinvesting CLO of the year so far on Tuesday

Monroe hires head of Asia as it opens Seoul office
US private credit firm Monroe Capital has hired a head of Asia to expand its presense in the region

Monroe holds $1.3 billion fourth close on US direct lending fund
The fund, which is targeting $1.5 billion, is anticipated to hold a final close above that target before the end of this year

Mid market CLO league tables: No change up top but KKR and Silver Point enter race
The mid market CLO space welcomed two new faces to its ranks last month as Silver Point Capital and KKR priced a new issue CLO each

Cerberus prints tightest middle market CLO of 2021
Cerberus Loan Management priced its fourth middle market CLO of the year on Thursday, bringing its 2021 issuance volume over $1.5 billion

US pensions make even more space for private debt
US public pensions are increasing allocations to private debt with sources indicating that the resilience of the asset class during the covid-19 pandemic has accelerated the trend

Credit funds at a glance (September 2021)
A round up of fundraising and people moves in credit

Audax prints its largest middle market CLO to date
Audax Private Debt has issued its largest CLO to date named Audax Senior Debt CLO 6, which came in at $601.35 million

Silver Point makes CLO debut with $400m middle market deal
Silver Point Capital has become the third manager to debut in US CLOs after printing its first CLO on Friday

KKR prints largest new CLO of 2021 with static mid market deal
KKR Credit has priced the largest new issue CLO of the year to date, teaming with Bank of America on the huge $1.13 billion static deal named KKR Lending Partners III

SMBC Nikko builds on CLO momentum with mid market deal for Monroe
SMBC Nikko has picked up its third CLO credit this year

Fidelity adds senior hire from Madison Capital to new direct lending team
Fidelity Investments has hired a former managing director at Madison Capital to its new direct lending team

Credit Fundraising: Blue Owl and WhiteHorse gain from improving animal spirits
Fundraising perked up in July as managers raised $14.9 billion for credit funds - the third highest monthly amount this year

JP Morgan AM taps Wells Fargo duo to lead private debt expansion
JP Morgan Asset Management has extended its private credit business with a new global performing credit group, hiring former Wells Fargo Asset Management officials as co-heads 

Golub adds BSL CLO and extends mid-market advantage with reset
Golub Capital Partners has followed up its hefty middle market CLO in July with a slightly smaller $559.1 million broadly syndicated loan deal via Credit Suisse as well as a reset of a 2020 transaction

"It’s not unusual for investors to toggle between the US and Europe depending on pricing and terms"
The accents may be different, but US and European direct lending markets have a lot in common

Credit investors seek alpha as delta variant creates volatility
The leveraged loan and private debt markets have been on a tear for the first half of the year, but analysts are forecasting a more volatile six months ahead

Mid market CLO league tables: stalwarts Golub and Natixis reign supreme again
It may have taken seven months, but the mid market CLO league tables have familiar faces at the top with Golub Capital and Natixis leading the way in manager and arranger issuance, respectively

Morgan Stanley IM rakes in $1.6 billion for junior debt fund
Morgan Stanley Investment Management has closed its latest junior direct lending fund, North Haven Credit Partners III, at $1.6 billion

Silver Point raises $2 billion for direct lending
Silver Point Capital has raised $2 billion through its direct lending business for Silver Point Specialty Credit Fund II. The firm says this is its hard cap and that $1 billion was its target

BlackRock issues low levered, mid-market CLO with two arrangers
BlackRock has priced its second CLO of the year backed by loans to middle market companies

SLR targets $1 billion deployable capital for healthcare direct lending fund
SLR Capital Partners has surpassed the halfway mark on its first dedicated healthcare-focused direct lending fund, making a $480 million initial close