Fund managers

Monroe Capital’s latest private credit fund holds fourth close at $1.3bn

The fund is expected to close at $1.5bn before the end of year.

Crayhill Capital holds final close on $820m principal strategies fund

The second asset-based fund hit its hard cap, and surpassed its $500m target.

Part of debt financing’s future is equity

Lending against listed securities is one of many speciality private debt strategies jostling for attention and poised for growth.

Tikehau selected to manage Belgian covid recovery fund

The French asset manager will handle the raising and deployment of €350m of capital to help Belgian companies recover from the pandemic.

The latest from a booming US market

The world’s most mature private debt market is to be found in the US. It is also currently a hive of activity as it shakes off the effects of the health crisis.

Arena holds second close on fund at $300m, sources say

The manager expects a final close of the special situations fund by 2022.

Brookfield takes LCM stake to almost 50%

The alternatives giant has taken up an option to double its interest in the UK-based fund manager three years into their strategic partnership.

Blue Owl reaches over $62bn in AUM in strong Q2 earnings

The firm, which was formed earlier this year, has been investing prolifically into the direct lending market.

Breakthrough fund reaches first close for Central Europe

CVI’s first institutional direct lending fund raised for the CEE region is making progress towards its eventual €300m target.

Fundraising is still down but preparing a fightback

There are no signs yet of investors putting caution to one side, but a change in sentiment may not be far off.