Fundraising

Exclusive: Greystar holds $1.27bn close of second closed-end credit strategy

The Charleston-based manager surpassed its original $750m target for the real estate credit vehicle and has already committed $1.8bn in loans.

Oaktree launches evergreen credit fund geared to insurers – exclusive

The direct lending fund, which is said to eschew incentive fees, raised $2.35bn at first close.

General Atlantic holds $2bn first close for flagship credit strategy

The North American senior debt fund seeks to find divergent credit opportunities in return for higher yield.

Neuberger Berman launches its first asset-based interval fund

NB Asset-Based Credit Fund is focused on receivables lending, consumer, small business and real asset sectors

Sound Point achieves $1.1bn first close on Strategic Capital Fund III

The fund manager sees opportunities in a lending space still dominated by banks.

Ares credit group fees grow 16% year-on-year, Q2 earnings report shows

Good news amid disappointment over missed earnings-per-share estimate.

17Capital on its $5.5bn fundraise: NAV lending growing with ‘adoption from the big names’

NAV loans are generally helping performing buyout funds, rather than those struggling with distributions, says partner Dane Graham.

Post Road Group closes flagship debt fund and digital infra fund

The firm’s debt fund hit $525m, beating a target of $500m, while its structured equity fund closed on $500m.