Brightwood co-founder launches impact investing firm with backing from Morgan Stanley
Former Brightwood Capital Advisors co-chief executive officer Damien Dwin has launched an impact-driven, minority-owned investment firm

New York manager returns to CLO primary market after 12-month absence
 A middle market CLO issuer has priced its first CLO in 12 months in a deal arranged by Barclays

Brightwood becomes 132nd active CLO manager of 2019
Brightwood Capital Advisors on Friday became the 132^nd active CLO manager of 2019, after the firm printed a new issue deal backed by loans to middle market companies

Arizona pension to deploy up to $700 million a year in private credit
Arizona Public Safety Employee System is looking to deploy $600-700 million in private credit strategies per year in order to meet its target allocation, according to board documents seen by Creditflux.

Credit funds at a glance
A round-up of fundraising and people moves in credit

Brightwood adds ex-Prudential origination specialist to Los Angeles office
Brightwood Capital Advisors has appointed a managing director on its investments team in California 

CLO monoline businesses return with new purpose
CLO tranche insurance is making a comeback. Assured Guaranty has underwritten two middle market transactions, while in Europe various firms are testing the waters for this type of insurance, according to sources.

Mid market CLO league tables: Golub grabs 25% market share after billion dollar CLO
Mid market CLO league tables: Billion dollar deal steals the show

Missouri pension fund selects Brightwood and Monroe for private debt mandate
The St Louis Public School Retirement System has committed $22 million to private debt, according to board documents seen by Creditflux

Pennsylvania pension fund commits $100 million to US direct lending
A Pennsylvania pension fund has approved $175 million in new commitments to asset mangers, including $100 million to a credit fund run by Brightwood Capital Advisors

BlueBay, Brightwood and Permira win private debt mandates
BlueBay Asset Management, Brightwood Capital Advisors and Permira Debt Management have been tasked with overseeing a London pension fund’s direct lending portfolio

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