Fiera targets $500 million for North American infra debt fund
Fiera’s private debt unit has launched its latest North American infrastructure debt strategy targeting $500 million

Fund performance: CLOs look to continue recovery with end of the year in sight
CLO funds claim the majority of positions in our top 10

Ucits at a glance: Year-to-date returns head for double figures
Ucits funds generally performed well in October as 75% achieved positive returns

Credit funds at a glance (January 2021)
A round-up of fundraising and people moves

Credit hedge funds (January 2021)
Monthly credit hedge fund tables

LP round up: pensions plan private credit pacing as strategic credit takes on "midfield" role
US pensions have allocated $1.4 billion across 22 credit funds including those managed by Angelo Gordon, Ares and GoldenTree, according to recent board documents seen by Creditflux. Meanwhile a pension fund draws parallels between strategic credit and Jordan Henderson

Brookfield holds $2.7 billion final close on second infrastructure debt fund
Brookfield Asset Management has held a $2.7 billion final close on its second infrastructure debt fund, Brookfield Infrastructure Debt Fund II, exceeding its $1.7 billion initial target

BNP Paribas AM targets €1 billion for two infrastructure debt funds
BNP Paribas European Infrastructure Debt Fund II will target €500 million while  BNP Paribas European Junior Infrastructure Debt Fund I has a €300 million to €500 million target

400 holds $430 million final close on opportunistic structured credit fund
400 Asset Based Term Fund II will invest across structured credit including special situations, risk-transfers, and liquidity premium opportunities in the primary and secondary markets

GIP raises $2.8 billion for two infrastructure debt funds
Global Infrastructure Partners has held final closes on two of its infrastructure credit funds, GIP Capital Solutions Fund II and GIP Spectrum Fund, each at $1.4 billion

LP round up: Arcmont, Ares and Sixth Street win European direct lending mandates
Investors have allocated around $2 billion to credit funds in recent weeks, according to board documentation seen by Creditflux. Among those to recieve allocations include ADM, Arcmont, Ares, Audax, Bain, Centerbridge, Clearlake, Goldman Sachs merchant banking,  Invesco, Monarch, Oaktree, Raven, Sixth Street and Sound Mark

Credit fundraising: November marks turning point as fund launches spike
November was always set to be an important month as the world awaited the US election outcome and the results of covid-19 vaccine trials. This did nothing to slow down fund managers as 14 funds launched, up from only four funds launching in September and five in October

UBP holds €110 million first close on real estate debt fund
Union Bancaire Privée has held a €110 million first close of its latest private debt strategy, UBP Private Debt Fund III

Nassau looks to build in energy and infrastructure debt with big hire
Nassau has hired a managing director with a mandate of building out its energy, infrastructure and ESG debt investment portfolio

BNP Paribas AM names CIOs for real estate and infra debt
BNP Paribas Asset Management has announced four Paris-based appointments within its private debt and real assets team, including chief investment officers for its real estate debt and infrastructure debt team

Schroders creates multi-asset private credit fund for DB pensions
Schroder Adveq MPCF will invest in a range of private credit assets, including corporate direct lending, real estate debt and infrastructure debt

Real estate debt firm gets over SEC settlement with $180 million fund raise
A Miami-based real estate debt specialist has raised $180 million for a credit fund that appears to have a flexible investment mandate

Bridge builds $1.5 billion real estate debt fund
Bridge Investment Group is targeting $1.5 billion for its fourth dedicated commingled closed-end US real estate debt fund

LP round up: $2.8 billion flows to credit as Apollo concedes fundraising may slow
Florida Retirement System Trust Fund made the largest commitments allocating $1.6 billion. Apollo meanwhile acknowledged a potential slowdown in fundraising as investors await results on an independent review into CEO Leon Black's relationship with Jeffrey Epstein

Wriedt’s boutique vehicle eyes rent-to-own strategy
Long-time CLO specialist Oliver Wriedt is pursuing opportunities across a range of sectors as part of his new business, which seeks to make minority equity investments in boutique asset managers

Fund performance: Structured finance finds its footing with credit rally
For the first time this year we have seen a structured finance fund take the top spot, as Serone Key Opportunities Fund leads a multitude of other funds in this category in the top 10 of our monthly fund rankings

Ucits at a glance: European funds and CLOs head rankings
Ucits fund returns

Credit funds at a glance (November 2020)
A round-up of fundraising and people moves

Credit hedge funds (November 2020)
Monthly credit hedge fund tables

Credit fundraising: Dubai manager gets in on the act as direct lending takes off
Shuaa launches credit fund in the Gulf as Ares, Contingency, HPS and Perceptive are among those to close billion-plus funds