Ninety One raises USD 260m for African private debt
Ninety One, a global asset manager affiliated with Investec, has held a USD 260m first close for its latest African and emerging markets private debt fund

Gramercy raises USD 760m for EM loan fund
Gramercy Funds Management, an emerging markets investment specialist, has raised USD 760m for a capital solutions strategy

Fund performance - Emerging markets index takes top spot in solid month for credit overall
September was another positive month for credit funds. In almost every category our indices were positive, and four strategies showed solid average returns of 1% or more. 

Credit funds at a glance
Top fund indices, Marathon EM Bond Fund, people moves anf recent fundraising

Axiom breaks from tradition with the debut of an emerging debt fund
Axiom Alternative Investments has launched a fund focused on EM corporate debt, a departure for the company which has traditionally focused on European bonds and equities

Fund performance
August returns were largely positive for credit hedge funds, as 88% of those listed in the Creditflux database reached into the black

Credit funds at a glance
Emerging markets, structured finance and US high yield outperform, plus our tables of recent credit hires and recent fundraising

Private debt capital amplified in Middle Eastern fund launch
A new USD 100m middle eastern growth debt fund has been launched by a partnership of Ajeej Capital and Nuwa Capital

Credit hedge funds
Credit hedge fund performance

Credit funds at a glance
Credit funds at a glance

Muni shop expands into leveraged finance with slew of senior hires
Boutique investment bank Middlegate Securities has announced the formation and launch of Middlegate Global Credit, a new leveraged finance division

Credit hedge funds
Credit hedge funds

Credit funds at a glance
Credit funds at a glance

BlueOrchard launches impact credit fund
A new BlueOrchard impact credit fund promotes financial inclusion and adds to the market's growing list of ESG-related investment opportunities

Credit impact fund surpasses $100 million target close
The fund targets companies that support social and environmental causes in Africa, Asia and the Americas

OMERS turns to APAC for latest private credit opportunities
Goldman Sachs Asset Management and the Ontario Municipal Employees' Retirement System have joined forces again for a new set of investments in the booming private credit market, this time targeting the Asia Pacific region

Fund performance
Positive August for credit sees CLO funds on top again

Credit funds at a glance
Ucits see red in a tough June for returns

Maryland pension system commits hundreds of millions to credit funds
The Baltimore-based pension system made commitments to five private debt funds between June and September of this year

Credit funds at a glance (September 2023)
A round-up of people moves and fund raising  

Credit hedge fund returns (September 2023)
Credit hedge fund returns  

CLO funds are hot in summer as they take nine spots in top 10 (Fund performance)
CLO funds took the lead through summer as the returns of the category index reached 1.88% and 3.18% in June and July, respectively. Both months saw a CLO fund as the top performer — Sound Point Meridian in June, and Oxford Gate Master Fund in July.

CIFI launches Latam debt fund for sustainable infrastructure
CIFI Asset Management has launched, in collaboration with development institutions, institutional investors and private banks, a debt fund for sustainable infrastructure in Latin America and the Caribbean

Brazilian distressed fund gains investor attention internationally
International investors continue to take note as Brazil's Jive Investments raises roughly half a billion dollars for fourth vintage of distressed and special situations fund. 

Axa Investment Managers beefs up staff with two senior credit hires
Axa Investment Managers hires portfolio manager on emerging markets and fixed income team, while also naming new head of private finance- alternative credit.