Tikehau garners €2.1 billion for European direct lending strategy
Tikehau Investment Management has collected €2.1 billion for its fourth private debt strategy - three times larger than its predecessor fund 

Allianz IM puts $200 million into Indian private debt
Allianz Investment Management has committed $200 million into the private debt platform of Edelweiss, an Indian diversified financial services firm.  

BlueBay closes fourth direct lending fund at €6 billion
BlueBay Asset Management has held a final close for its fourth private debt fund with over €6 billion of investable capital

AB returns to CLOs by pricing 2019's first mid-market new issue
AB Private Credit Investors, the middle market credit arm of AB, has become the first manager to price a new issue CLO backed by mid-market loans in 2019

HPS targets $8 billion for flagship mezzanine strategy
HPS Mezzanine Partners 2019, the firm's fourth fund in its mezzanine strategy, has won $100 million from a Louisiana pension fund 

It’s going to be a credit picker’s market
Our panel of experts believe that the credit market will be volatile this year, but there will be opportunities in European credit and additional tier one bonds, trups CDOs and unitranches

SEC proposal could strengthen BDCs’ power to purchase funds
The Securities and Exchanges Commission (SEC) has released proposals to allow regulated US funds, including listed funds, closed-end funds and business development companies (BDCs), to acquire shares of other regulated funds in excess of current limitations

Creditflux and Debtwire launch European direct lending report
Creditflux is joining forces with Acuris stablemate Debtwire to launch its first European direct lending publication

CLO manager base to boom as four debut managers plan first-quarter launch with JP Morgan top choice of arranger
The US CLO market welcomed four new managers in 2018, but this year the same number could be launching in just the first quarter

Private credit managers are partially insulated from daily market moves — for them it’s the dough, not the Dow
If asked about credit investing, Yogi Berra might have said take the fork in the road leading to private credit, says our columnist Randy Schwimmer

Tree Line grows $300 million US lower mid-market debt fund
Tree Line Capital Partners is targeting $300 million for its second lower-middle market direct lending fund, according to 6 February US regulatory filings

Carlyle performance dips in Q4, but credit teams ride global volatility
Credit fund performance dipped for the Carlyle Group in the fourth quarter, as market volatility and fund outflows put a dent in the industry’s much stronger performance of the previous three quarters

Oaktree reports distressed gains over year despite Q4 losses
Oaktree was not immune from challenging fourth quarter globally. Its distressed debt strategy, for instance, returned a gross loss of 1.5%

LBC hires former GE official as managing director in Chicago
LBC has made a senior hire to its direct lending business and has also promoted one of its managing directors to partner

New York pension fund allocates $150 million to special situations fund
The new investment will sit within the pension fund’s opportunistic alternatives bucket

Bain BDC wins leverage approval from shareholders
Bain Capital Speciality Finance has won shareholder approval to double the amount of leverage it can use 

Pemberton appoints head of Benelux and opens Amsterdam office
Pemberton Capital Advisors has expanded its presence in mainland Europe with the opening of an office in Amsterdam

Kreos exceeds €600 million target size for its largest direct lending fund to date
Kreos Capital has held a final close for its sixth European growth debt fund at €700 million

MV and EQ combine for €70 million for private credit fund
EQ Asset Management has raised €70 million for its second private credit fund in partnership with MV Credit, the fund of fund operator has announced

Medley and Sierra fight back over NexPoint's "$225 million value" claims
Medley Capital Corporation and Sierra Income Corporation have issued a joint statement disputing facts claimed by Highland affiliate NexPoint Advisors 

Eldridge snaps up co-founder stake for majority ownership in direct lender Maranon
Eldridge Industries has acquired a majority ownership position in the middle-market lender, buying an additional stake from Marnon co-founder Tom Gregory

New York pension ups commitment to HarbourVest by $400 million
New York State Teachers' Retirement System has topped up commitments to Maple Fund, having already approved $600 million in 2017

Italian foundation seeks new CIO to oversee pension pot
Rome-based foundation Fondazione Enasarco is searching for a new chief investment officer, following the departure of Robert Rausch  

Performing credit tops distressed credit for Blackstone, but credit AUM declines
The firm is looking to boost its direct lending business to gain $10 billion of available capital over the next couple of years