Muzinich launches senior direct lending fund for retail investors
Structured as an ELTIF, the new fund does not require a minimum holding period for investors. 

Access Pool plans to allocate GBP 350m to direct lending
UK-based pension system Access Pool is looking to allocate to direct lending strategies in Europe and the US 

Blackstone reports 18% return from private credit over last 12 months
Blackstone's private credit and liquid credit returns outperform private equity investments in the last 12 months

Funds round up: April 2024
Allocations to private credit and new fund launches continued to roll out in April, as our monthly round-up confirms

Funds round up: private credit reaches for retail
A number of new credit funds launched last month to round out 2024's first quarter, including ones in Europe aimed at retail investors

Schroders Capital adds new global head of business development and product
Schroders Capital turned to ICG to source its newly-created role of global head of business development and product

Nomura-backed Corinthia lifts private credit team from Barings
More than 20 members of the global private credit team at Barings have jumped ship and joined Corinthia Global Management, a new platform backed by Nomura Holdings

Kirkland & Ellis poaches partner from Macfarlanes in London
New UK-based partner's practice focuses on structuring alternative investment funds, specifically credit funds

Beechbrook hires new managing director to expand UK direct lending business
London-headquartered Beechbrook Capital has hired Richard Smart as managing director tasked with growing the European lower-mid-market debt manager's UK direct lending strategy

AEW Europe completes deal to buy private debt manager Natixis
AEW Europe has finalized a deal to buy private debt platform Natixis Investment Managers International for an undisclosed amount, as the European real estate investment manager continues to expand its global direct lending footprint

Ares hires new co-head of European alternative credit
Ares Management has hired Stefano Questa as partner and co-head of Europe alternative credit, as the alternative investment giant continues to build out its global private credit business

Managers advise caution despite upbeat outlook for private credit
The golden age of private credit isn’t over yet. In fact, industry experts remain bullish, anticipating continued growth in our breakdown of recent outlooks for the market

BNP Paribas launches climate impact infrastructure debt fund
BNP Paribas Asset Management has launched the BNP Paribas Climate Impact Infrastructure Debt fund as interest in impact investing and ESG-related causes continues to grow around the world

Amundi launches impact strategy aiming at agri
European asset manager Amundi has launched an impact investing strategy dubbed Amundi Ambition Agri-Agro Direct Lending Europe, with the intent of preserving natural resources and ensuring food sovereignty.

CLO market round-up: 27 Nov - 1 Dec
After a busy Thanksgiving week, CLO pricing activity was substantially quieter last week, with only a handful of deals in the market.

Is direct lending on the rebound? - Debtwire Special Report
After a slow start in 2023, direct lending in both the US and Europe has been on the rise, with volumes in Q3 almost doubling compared to the previous quarter

Private credit lending continues to surge, according to AIMA report
Lending grew by more than 60% between 2021 and 2022 according to a new report entitled "Financing the Economy," by the Alternative Credit Council, a private credit affiliate of the Alternative Investment Management Association.

AEW poaches MD from BlackRock as the firm acquires Natixis' private debt business
The expanded European platform will include infrastructure debt and new investment products

1H23 European direct lender rankings
The volume of European direct lending facilities issued fell to just €8.5 billion in 2Q23. The same quarter last year was the largest on record at €51.3 billion, representing over an 80% drop year on year.

Berenberg closes its fourth debt fund in the renewable energy space
Berenberg is continuing to raise money in the renewable energy debt sector, with the German bank working alongside BayernInvest Luxembourg to close its fourth debt fund in the space.

Direct lenders grab larger share of loan market despite fundraising slowdown
With Debtwire’s European direct lending conference in London next Thursday, we speak to market participants about the dynamic between European syndicated loan market and direct lending

Fund performance: European CLO funds lead the way
February was a positive month for many funds, as only one quarter failed to reach the black. This builds off a stellar start to the year: 96% of funds reached a positive return in January

LP round up: opportunistic credit dominates as investors allocate $2.2 billion
US institutional investors invested at least $2.2 billion to credit funds in March, according to documents seen by Creditflux, with opportunistic credit funds dominating commitments

HPS raises $12 billion for fifth junior capital fund
HPS Investment Partners has closed its fifth junior capital solutions fund, HPS Strategic Investment Partners V, at $12 billion. With leverage, the strategy has $17 billion investable capital