Fundraising

Exclusive: Brigade closes first dedicated private credit fund with $1bn to invest

The manager will use the fund to target first-lien loans to lower mid-market sponsor- and non-sponsor owned borrowers.

Eldridge closes credit fund via secondaries led by Carlyle AlpInvest

Inaugural vehicle anchored by Carlyle AlpInvest raises $1.5bn and enables Eldridge to manage third-party capital.

Exclusive: InterVest closes third fund at $1bn hard-cap

The real estate credit fund beat its $700m target and is more than 30% invested.

CIBC’s asset management arm launches private credit fund

The bank’s asset management unit offers exposure to senior secured, floating rate debt.

Blackstone raises $5.9bn for opportunistic credit fund

The manager’s Capital Opportunities Fund V has a $10bn target and not held a final close.

Coller Capital wraps up Fund IX raise on $12.5bn hard-cap

The firm hauled in $17bn across secondaries funds, evergreen vehicles and separate accounts in latest fundraising cycle.

Oaktree launches asset-backed credit interval fund

Fund targeting wealth platforms will work with extensive network of third-party originators to source investments.

Benefit Street Partners holds $3bn final close for flagship real estate debt strategy

The firm reached its hard-cap for BSP Real Estate Opportunistic Debt Fund II with 29 months of time logged fundraising on the road.

Monroe lines up $6.1bn for private credit fund

The senior secured fund, the manager’s largest private credit vehicle, has already committed $3.2 billion

Davidson Kempner closes on $1.1bn credit fund, beating target

Asset-backed strategy seeks to provide exposure to residential, corporate and hard asset-backed loans.