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

Tikehau hires UK institutional business head
Tikehau Capital has appointed a head for its UK institutional business

Tikehau hires Germany head for new Frankfurt office to target region’s ‘untapped potential'
Tikehau Capital has expanded its European footprint by opening a new Frankfurt office, and has has hired a new head of Germany

HIG hires two from Tikehau for French direct lending
HIG Capital has bolstered its French direct lending team by appointing two principals in the firm's Paris office

Credit fundraising: ESG centre stage as capital pours into new strategies
Sustainability was the watchword for fundraising in February, amid a flurry of fund launches as well as first closes for impact funds and sustainable bond funds

Tikehau confirms European CLO head appointment
Tikehau says it has appointed Christoph Zens head of its CLO business, in a fast-moving story from Monday night

Tikehau overcomes change in plan to land European CLO specialist
Tikehau is bringing in an experienced European loans specialist to its CLO team, but under different circumstances to those it expected a few weeks ago   

Tikehau launches ESG private debt fund with interest rate ratchets
The European Investment Fund has backed Tikehau's private debt fund, Tikehau Impact Lending, which provides lower interest rates to companies that meet their sustainability goals

European CLO head becomes latest PM to leave asset manager after announcing retirement
A large European credit manager has had a number of departures across its CLO and direct lending businesses in recent weeks

Credit fundraising: January proves anything but dry for manager inflows
After a tough and unpredictable year, January may have been seen by many as an opportunity for a fresh start. But for seven managers it meant holding final closes on funds, while three undertook first closes and one a fund launch

Tikehau hires head of French private debt
Tikehau Capital has hired a head of France and chief operating officer within the firm’s €8.9 billion private debt team

Tikehau and Churchill form direct lending partnership to 'expand cross border footprints'
European direct lending specialist Tikehau and US direct lending experts Churchill announced late December that the pair formed a partnership to ‘expand their respective cross border direct lending footprints’

LP round up: EIF backs four debt funds while Carlyle wins $1 billion
Institutional investors have allocated just over $4 billion to 27 credit managers in October board meetings

Tikehau to launch private debt secondaries and impact fund before year-end
Tikehau Capital is close to launching an inaugural private debt secondaries fund and a debut impact fund, with the Paris-headquartered firm outlining plans in its first half 2020 results to unveil both vehicles in the second half of the year

Tikehau launches three private debt funds and sells 54% stake in DWS
Tikehau Capital’s private debt group had a busy first half of 2020, with key highlights including three fund launches: its first open-ended private debt fund, a new French direct lending fund and a first close on its fifth flagship European direct lending fund

LP round-up: Champaign pension raises a glass (or bucket) to private credit
Institutional investors allocated over $600 million to 11 managers this week, according to board documentation seen by Creditflux

Tikehau appoints head of capital market strategies
Tikehau Capital has appointed a head of capital market strategies effective today,  responsible for overseeing the firm’s €3.8 billion bond, equity and flexible investment strategies

European Direct Lending Perspectives: fundraising records shatter
Fundraising in European direct lending hit €32.2 billion in September to mark a record-breaking year for the industry, according to the latest version of European Direct Lending Perspectives

Private debt secondaries expected to soar in 2020
Private debt secondaries grew massively in 2019 — and more is expected this year.

Eiffel seeks ESG loans as French lenders adopt LuxFlag label
Private debt managers are applying for the Luxembourg Finance Labelling Agency’s (LuxFlag) approval in ESG-centric strategies.

Tikehau builds private debt secondary platform with senior hire
Tikehau Capital has bolstered its private debt capabilities with the launch of a new secondaries platform

Tikehau prices its largest CLO transaction
Tikehau Capital teamed up with Natixis on Friday to issue its latest new CLO named Tikehau CLO V, according to market sources

Tikehau changes tack and opts for three-tranche CLO refi
Tikehau Capital has refinanced three tranches of its second CLO from 2016 named Tikehau CLO II

Tikehau targets new tight print as it markets €359 million CLO refi
Tikehau Capital is marketing its first CLO transaction of the year, teaming up with Citi to refinance Tikehau CLO II