AllianzGI raises EUR 1.5bn for credit secondaries
Allianz Global Investors has held a EUR 1.5bn final close for its global private debt secondaries fund, surpassing its EUR 500m target

Allianz and AlTi launch new private debt program for UHNWs
Allianz X has struck a joint venture with global wealth management firm AlTi Global to create a private debt investment program for ultra-high-net-worth investors

Allianz gears up to launch European credit impact investing fund
Allianz Global Investors filed regulatory documents in Luxembourg this week for a new impact investing fund, the latest in a string of similar strategies

Allianz launches €1.5 billion global private credit fund
Allianz Global Investors targets €1.5 billion for second vintage of European private credit fund

Pemberton hires Allianz GI official to lead new Munich office
Pemberton has opened its second German office in Munich and has appointed a former Allianz Global Investors official to lead 

Sycamore Tree hires two senior managing directors in marketing roles
Sycamore Tree Capital Partners has hired Amanda Montgomery and Marc Gonyea as managing directors

Credit funds at a glance (February 2022)
A round up of fundraising and people moves in credit

Allianz GI launches private markets impact unit
The private markets impact unit combines existing equity and debt investing specialisations with a newly created impact measurement and management capability

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

Allianz holds €500 million first close on private credit fund of fund
The vehicle, which has a €1.5 billion target, invests jointly with Allianz

Fracking servicer FTS files for chapter 11 protection
Fracking servicer FTS International filed for chapter 11 protection in the US Bankruptcy Court for the Southern District of Texas Houston yesterday. The credit is not widely featured in CLOs with only nine managers holding $47.9 million of FTI’s term loans

PGIM hires for newly created ESG fixed income research role
PGIM has appointed a former Allianz official into the newly created role of head of environmental, social & governance (ESG) research for its fixed income division

OC health check: interest diversion failures foreshadow breaches
14 CLOs reported over-collateralisation test breaches last week, five for the first time, according to the latest trustee reports available on CLO-i. 

Allianz GI names CEO and head of investments as Utermann steps down
Allianz Global Investors has named Tobias Pross as chief executive officer and Deborah Zurkow as global head of investments, following the resignation of Andreas Utermann

Allianz GI launches impact private debt and equity fund
The fund, which adds to its €6 billion assets under management of impact investments, will target a 5% to 7% internal rate of return 

Allianz GI gains €270 million for infrastructure debt fund
Allianz Global Investors has raised €270 million for an infrastructure debt fund. The manager has a €500 million target size for Allianz Euro Core Infrastructure Debt Fund and a €750 million hard cap

Managers look east as Asian credit fundraising takes off
Several asset managers have outlined plans for growth in Asia as one of their foremost priorities this year.

Allianz IM puts $200 million into Indian private debt
Allianz Investment Management has committed $200 million into the private debt platform of Edelweiss, an Indian diversified financial services firm.  

Allianz GI expands private debt team with senior hire
The new hire will be responsible for developing Allianz GI’s mid-market debt offering across Germany

Allianz GI boosts alternatives platform with new Asian private credit unit
Allianz Global Investors has launched an Asian private credit unit and has made two hires to spearhead the effort,

CLO b-wic line-up: $97.5 million of amortising triple As go on sale
$396.1 million worth of notes are up for grabs today in the US secondary CLO market

Allianz GI brings in new CIO for emerging market debt
Allianz Global Investors has appointed Richard House as chief investment officer emerging market debt, Creditflux understands

Allianz Real Estate appoints loan and asset management head
Allianz Real Estate has hired Peggy DaSilva to head its loan and asset management group for Americas

Allianz's asset management business drives strong group results for 2017
Third-party net inflows for the group's asset management business hit a record €150 billion for the year as customers were drawn to top-performing funds, the company said on Friday

High yield portfolio manager returns to Allianz GI after leaving Amundi
Sébastien Ploton has rejoined Allianz Global Investors as a high yield portfolio manager - two years after leaving the firm