Credit fundraising: Audax scores big in lighter month
Fundraising markedly dropped in May, but credit funds still amassed $12.8 billion and 10 credit funds reached final closes across a variety of different strategies

Credit funds at a glance (June 2021)
A round up of fundraising and people moves in credit

Kartesia closes €1.5 billion credit opportunities fund
Kartesia has closed its fifth credit opportunities fund, Kartesia Credit Opportunities V, at €1.5 billion

Credit funds at a glance (May 2021)
A round up of fundraising and people moves in credit 

Fund managers brace for EU’s new sustainability regulations
European fund managers were faced with new environmental, social and corporate governance (ESG) regulations in March, which enhance disclosure requirements around sustainability

Kartesia amasses €1 billion for inaugural senior direct lending fund
Kartesia has held a €1 billion final close of its inaugural senior debt fund, Kartesia Senior Opportunities I

Kartesia prioritises ESG with newly created role
Kartesia says it has appointed Coralie De Maesschack as head of ESG and corporate, social responsibilities (CSR) in a newly-created role

2020 wrap: CLO funds bloom despite rocky ground
2020 was a busy year for CLO fundraising, with Creditflux recording at least 30 funds that launched over the 12 months to invest across the CLO capital structure

Candriam and NYL buy stake in European direct lender
Candriam and its affiliate New York Life Investments Alternatives have bought a minority equity stake in a pan-European private debt firm

Kartesia makes several European direct lending hires
Direct lender Kartesia has made several hires to its team in London, Luexmbourg, Madrid and Paris

Kartesia hires from BNP Paribas after launching first standalone CLO strategy
Kartesia has hired to its structured credit team having launched a first dedicated CLO strategy this year, officials at the company confirm

Direct lenders turn on liquidity taps as major Q2 test awaits
European direct lenders have been on hand to support their portfolio companies with liquidity over the past two months, sources say. These moves come despite uncertainty over the full impact the coronavirus pandemic will have on businesses in the second quarter

Direct lenders look to source deal flow through government-backed loans
Direct lenders have been looking to tap into government backed loans as a way of sourcing deals, either via partnering with banks or being an accredited lender

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

Kartesia hires former Santander official to lead UK senior debt origination
Kartesia has appointed former a Santander official to lead UK senior debt investments 

Kartesia opens Munich office for new hire Mirante
The new office is Kartesia’s seventh in Europe and second in Germany

Market bemoans Europe’s lack of CLO manager tiering
Manager tiering became a hot topic in Europe again last month following Credit Suisse Asset Management’s decision to break with tradition by syndicating its triple A notes in Madison Park Euro Funding XIV, rather than place the notes with an anchor investor.

Credit funds at a glance

A round-up of fundraising and people moves in credit

Kartesia fills vacancy in DACH with key hire from Bayside
Kartesia has hired Guiseppe Mirante as its head of credit opportunities for DACH, according to an announcement today

Oddo appoints ex-Kartesia official to build private debt platform
Oddo BHF Asset Management, the Franco-German asset manager, has hired the former head of Germany, Austria and Switzerland at private debt fund Kartesia Advisor, to help launch its own private debt platform

Kartesia invests in equity of 2018 European CLO
Kartesia has invested in the equity of KKR’s latest European CLO 

Kartesia hires Jefferies' former head of CLO trading in London
Kartesia, best known for investing in middle market companies in Europe, has brought in the former head of European CLO and CDO trading at Jefferies, Sharif Anbar-Colas

Kartesia closes fourth credit opportunities fund at €870 million hard cap
European direct lender Kartesia has announced the final closing of its fourth fund at €870 million

Direct lender Kartesia hires from JP Morgan and Goldman Sachs
Direct lender Kartesia has announced that it has hired two associates in London and an analyst for its office in Brussels