GSO aims to place US CLOs in Europe
GSO Capital Partners has launched a manager entity named Blackstone/GSO CLO Management LLC in an effort to sell US CLOs into Europe.

Yielco collects €675 million across two private debt fund of fund strategies
The Munich-based firm held a final close on its inaugural private debt fund of funds strategy and has also won a separate prive debt mandate

California pension earmarks $190 million for IG structured credit as it goes defensive
San Mateo County Employees Retirement Association has earmarked $190 million to a securitised credit managed account

New York pension allocates $100 million to US direct lending fund
New York State Teachers Common has awarded $100 million to a direct lending fund, as its private debt portfolio delivers 10.7% net IRR 

Louisiana pension earmarks $30 million for US private credit
This isn’t a first time relationship for the $1.8 billion pension fund, who previously granted  $50 million to the manager's previous fund in October 2018

Amundi joins forces with French bank to launch midcap loan fund
Amundi has partnered with French bank LCL to launch a mid-cap direct lending fund - and the fund has collected €130 million on its first close, just over half its target size 

Ardian raises €3 billion direct lending fund as it makes space for stretch-seniors
Ardian has collected €3 billion from ‘over 90 investors’ on its fourth European direct lending fund, surpassing its original €2.5 billion target size

ResponsAbility collects $151 million for impact private debt securitisation fund
Facebook, the European Investment Bank and the government of Luxembourg are just some of the investment sources for the $151 million clean energy impact debt fund. The fund is structured in a similar way to a CLO – with responsAbility offering investors various risk tranches 

Pimco launches listed multi-sector global credit fund
Known as Pimco Tactical Income Fund, the fund will invest in a range of global credit strategies and will list on the New York Stock Exchange

Pathway closes second private credit fund at $1 billion
Pathway Capital Management has held a final close on its second private credit fund at $1 billion 

Partners nears $100 billion in AUM as CLOs drive private debt growth
Swiss manager Partners Group has reached $94.1 billion in assets under management, with CLOs boosting the firm’s growth, according to its 2019 annual results  

EQ plans private credit fund launch with eye on deploying up to €100 million
EQ Asset Management has indicated that it will launch its third private credit fund later this year

BC Partners seeks $1 billion close for special opportunities fund
BC Partners Advisors is targeting a $1 billion close for its recently launched special opportunities fund, according to documents seen by Creditflux.  

Stockholm-based firm targets CLOs, CSOs and SRTs for new fund after stellar 2019
A fund manager, established in 2018, is said to be launching its second corporate structured credit fund, sources say, after generating 20% returns last year via its debut strategy. The new fund will invest across CLOs, CSOs, SRTs and index tranches 

EFA holds first close on Asian private credit fund
EFA Group has held a first close on its Asian private credit fund, according to an announcement by the firm

'Speciality finance' gains momentum as US investors go deeper into private credit
Institutional investors are continuing to invest in niche, speciality finance strategies - including litigation financing and life sciences - following intense competition and overcrowding in US private credit 

Napier Park beats 47 managers to win pension's lucrative credit mandate
Napier Park Global Capital has emerged as the winner for a $500 million illiquid credit mandate for Los Angeles County Employees Association, after the pension recieved 48 responses to its original request for proposal 

HIG WhiteHorse reaches $1.1 billion final close for direct lending fund
HIG WhiteHorse has announced a final close on its direct lending fund, HIG WhiteHorse Principal Lending Fund

Sound Point creates its first fund geared exclusively to direct lending
Sound Point, which has experience of investing in middle market loans through various funds, has launched its first dedicated speciality lending fund 

PineBridge launches first commingled direct lending fund
Two years after launching its private credit platform, PineBridge Investments closed its inaugural direct lending fund at $396 million, plus a $200 million leverage facility

Private debt takes centre stage as Arizona looks to bolster credit allocation to 25%
Arizona State Retirement System remains bullish on credit with the $41.9 billion institution looking to bolster its entire credit allocations to almost a quarter of the fund - and private debt will take centre stage in the Arizona pension’s growth plans

US pension backs two private debt managers, but retreats from syndicated loans
San Antonio Fire & Police Pension Fund ended 2019 bullish on private debt but shying away from syndicated loans

BNP Paribas AM hits €345 million on first close of European SME debt fund
BNP Paribas Asset Management has attracted €345 million from 13 investors for its second European debt fund focused on small and medium-sized enterprises, marking the fund’s first close

Texas pension commits $250 million to large US direct lender
Texas County & District Retirement System closed out 2019 with a $250 million allocation to US direct lending

Värde launches $2.5 billion global credit fund
Värde Partners has raised $2.47 billion for a new global credit fund, according to an announcement today