New CarVal distressed credit fund reaches $2.36 billion
Alternatives manager CarVal Investors has raised $2.36 billion for its new vehicle CVI Credit Value Fund IV, according to regulatory filings

Principal and Finisterre team up to launch emerging market Ucits fund
Multi-boutique asset management firm Principal Global Investors has launched an unconstrained emerging markets fixed income Ucits that will be managed by its subsidiary, Finisterre Capital

KKR's private credit fund fund targets Hong Kong and now South Korea
KKR has raised $301.1 million for its KKR Private Credit Opportunities Partners II (EEA) LP fund, which appears to be targeting Asia-based investors

US managers win South Korean investment
Ares, Audax and KKR are among the cluster of fund managers that have put their hearts and minds into marketing credit funds in Seoul – with great success

Private credit investors will be stuck with their positions
Brandywine’s Gary Herbert takes our credit quiz

Asian airline operator approves $30 million ticket for new CarVal credit fund
US credit strategies continue to attract capital from Asian investors with CarVal Investors the latest asset manager to distribute a fund in the continent

Goldman Sachs and KKR private credit funds win Korean investors
Korea Post has decided to commit $200 million to a new mezzanine debt fund from Goldman Sachs and $100 million to KKR Credit’s global mezzanine fund, according to local media reports

Institutional investors - does Europe still provide the best opportunities in credit?
Cash or synthetics, CLOs versus CMBS, senior or junior debt? Institutional investors have a variety of ways to approach credit investing and Creditflux's biannual survey of credit allocators aims to determine which market they view as offering compelling returns

US pension fund agrees $200 million investment in new GSO distressed fund
GSO Capital Partners has got off to a strong start as it markets a new distressed debt fund. There are signs that the multi-billion offering is being sold in South Korea

Japanese bank expands mid-market CLO business with arranger credit
A Japanese bank has earned a credit as co-placement agent on a mid-market CLO reset. The bank is known to have plans to launch a CLO arranging platform

Barings goes global with new mid-market strategy after rapid fund raise
Barings says that it has raised $1.3 billion for a new middle-market credit fund after less than six months on the marketing trail

Think outside the box
While the US market credit is the most liquid and the UK is considered the home of European direct lending, there are opportunities further a?eld

Japanese bank rides refinancing wave with mid-market CLO push
A key CLO investor is buying middle-market CLO paper for the first time after purchasing $1.2 billion of senior notes in a recent deal

Credit manager bucks the trend by shifting into private equity
A host of private equity firms are planning direct lending funds, but one direct lender is moving in the opposite direction  

Pimco takes team-based approach to EM credit after ex-GoldenTree official exits
A senior emerging market official has left Pimco and the firm is now opting to assign fund management duties to four officials based across the US west coast, London and Singapore

Former CIFC special situations head resurfaces at $30 billion credit manager
CIFC's former head of special situations has joined a $30 billion credit manager which became an independent firm in March 2016, according to market sources.