Cerberus wins $200 million direct lending mandate from peace garden state
US pension money continues to be channelled into direct lending with officials at a $12 billion pension plan confirming an allocation to Cerberus

US pension fund awards $825 million in credit mandates to HPS
HPS Investment Partners has registered big inflows in recent months and that trend is continuing after a pension fund agreed to back the manager with three mandates

Endowment fund seeks US direct lending manager for $50 million mandate
An endowment fund with an anti-tobacco stance is looking to deploy up to $50 million in US direct lending

Pension fund allocates £40 million to UK direct lending fund
Strathclyde Pension Fund has emerged as one of the investors in a new UK-focused direct lending fund

London pension fund thinks global in search for direct lending managers
A London-based pension fund is looking to allocate £110 million ($138 million) to a direct lending strategy which can produce returns of Libor plus 4-5%

Montana pension fund allocates to new Asia direct lending fund
Montana Board of Investments has allocated $30 million to an Asia-focused direct lending fund, according to documents seen by Creditflux

UK pension fund picks leading managers for £750 million credit push
Strathclyde Pension Fund has elected to increase its exposure to credit by 3% and has dished out lucrative mandates to some of the leading names in credit management

UK pension fund looks for direct lending manager
Northern England county looks to give $175 million SME lending mandate 

Pension fund joins mid-market boom with $350 million allocation to LBC
A US pension fund has hired LBC to invest in the thriving direct lending sector

Pension fund hires two managers for $100 million direct lending push
Middle-market credit managers Crestline Investors and White Oak Global Advisors have each earned $50 million for upcoming credit funds.

Large pension fund eyes $400 million allocation to US mid-market debt
After swotting up on the direct lending market, a US pension fund has released a request for proposal on a US middle market debt mandate worth up to $400 million.

US pension fund hires Ares and Monroe in private credit push
A US pension fund that has been pushing into direct lending has recently committed to private credit strategies run by Ares Management and Monroe Capital.

London-based direct lender earns €35 million for new fund
A direct lending firm has been granted €35 million from a US endowment fund

US pension fund looks overseas to continue direct lending push
A US pension fund which has been a big supporter of direct lending has indicated that it still has the capacity to put “several hundred million” into this area as it turns its attentions to the non-US market

Asset-based lender swoops to pick up $50 million for new fund
A New York-based direct lender has been given a boost as it prepares its next credit fund

Babson and BlueBay win support for new credit funds
Two large credit funds have earned support from a US pension fund for distressed debt and direct lending 

US manager wins $50 million for new direct lending fund
A credit hedge fund manager known for its investments in distressed credit has won support from a pension fund for a new direct lending strategy

US pension fund backs Cerberus as part of $750 million credit push
A US investor has allocated large sums to two credit managers for distressed debt and direct lending strategies 

BlueBay earns US investor support for upcoming direct lending fund
BlueBay Asset Management has won $40 million for its new direct lending fund

Arizona pension fund plants seeds for $500 million direct lending partnership
A US pension fund has hired a leading mid-market specialist to pursue direct lending opportunities 

Pension fund pumps $220 million into direct lending in new credit push
A US pension fund, which has been a big backer of direct lending strategies, has recently increased its target allocation to credit. Its existing line up of mid-market managers have greatly benefitted.

US pension fund continues push towards direct lending
A US pension fund has agreed to put $155 million into direct lending funds in the last few months

Managers earn support as they each aim for $4 billion credit funds
Two established credit managers are aiming to raise $2 billion each in capital for direct lending and distressed debt. A US pension fund has supported both causes with $30 million

Manager's direct lending fund earns $75 million from US pension
A US manager has had a big couple of weeks after winning $75 million for direct lending having earlier announced a push into CLOs