Europe

AXA and LBPAM launch ELTIF 2.0 credit funds

The two firms have today announced separate ELTIF 2.0 funds targeting wealth managers and their clients.

Generali forms Natixis venture, takes big stake in US direct lender

Insurer will control US manager MGG, and its JV with Natixis will create Europe’s largest asset manager by revenue.

Arini hits $314m for credit opps fund

The firm’s first closed-end debt fund is now more than half way to reaching its $500m target.

Ares holds final close of Europe lending fund at €17.1bn

The fund is thought to be one of the largest ever raised for European private debt and, with associated vehicles and leverage, will have around €30bn of deployable capital.

Carlyle raises $7.1bn for its third opportunistic credit fund

Credit Opportunities Fund III is Carlyle’s largest-ever credit fundraise, with ‘robust appetite’ for the strategy.

H.I.G. Capital closes $1bn opportunistic credit fund

The European distressed and special situations credit fund was smaller than its predecessor.

Sustainability: Are American and European investors so different?

The US may look to travel in one direction as Europe heads in the other. But there may be less to this divergence than meets the eye

Triton beats €1bn target for third credit opps fund

The fund will focus on opportunistic investments in firms in the business services, industrial technology and healthcare sectors.

Arrow Global: Banks seek out partners for European NPLs

Today’s market is characterised by optimisation by banks of their balance sheets in the face of changing capital and provisioning rules, with private credit stepping in to fill the gap, says Toni McDermott, credit and lending CIO at Arrow Global.