BDCA and Fifth Street officials join forces for new BDC launch
Former Business Development Corporation of America CIO teams up with Fifth Street CFO for new launch 

US family office supports Captalys Brazilian private credit fund
Brazilian asset manager Captalys has launched its first offshore credit fund with seed capital coming from a US family office

Former Perry chief launches distressed fund in Greenwich
Former CIO begins trading with distressed debt and equity strategy 

Carlyle brings in credit fundraising specialist from First Avenue
The global head of credit at First Avenue Partners – a firm which specialises in fundraising – has signed up with Carlyle Group

Capital Group brings US bond strategy to Europe with Ucits fund launch
Fixed income giant Capital Group has announced the launch of a Ucits-compliant version of its US corporate bond strategy

Fundraising round takes Alcentra’s direct lending firepower to €5.7 billion
Alcentra has announced that it has closed its second European direct lending fund-raising, with commitments of €4.3 billion

Calamos shutters global high yield fund
Chicago-based fund manager shuts Ucits high yield fund after lack of take up 

Bain plans Asian credit fund, says Reuters
Bain targeting $1 billion for Asian distressed and direct lending fund claims Reuters 

Birch Grove co-founder joins Lombard Odier to run new $100 million fund
Lombard Odier Investment Managers has announced the launch of a new event driven fund, which will be run by new recruit Christophe Thomas, a co-founder of credit hedge fund manager Birch Grove Capital

Beechbrook raises £150 million lending fund and plans new Manchester office
Beechbrook has held a final close on its UK direct lending fund at £150 million ($190 million), according to an announcement today. The London-based firm is also opening an office in the north west of England

UBS launches sustainable bond ETF in Europe
Deutsche Boerse announces sustainable bond ETF launch from Swiss dealer 

Silver Point puts together $1 billion middle-market credit fund
Greenwich-based manager raises $552 million to lend to small and mid-sized firms. The fund will be able to employ leverage, taking its total size to over $1 billion

London-based Dolfin dives into credit with new unconstrained strategy
An asset manager which prides itself on being tech-savvy has launched a new credit strategy, which is known as Dolfin Unconstrained Credit Strategy

Cairn wins commitments for new European loan fund
Cairn Capital has today announced the launch of its first dedicated open-ended loan fund

Carlyle promotes two CLO specialists to run structured credit fund
Carlyle Group has appointed Justin Plouffe and Ronnie Jaber to run the firm’s new CLO fund, according to a company announcement