Fundraising

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.

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.

Principal hires Greater China institutional head

Principal Asset Management says the new appointment will help expand its alternatives business, which focuses on private debt and real assets.

Colbeck beats target with $700m for non-sponsored lending

The fund will continue the firm’s strategy of backing non-sponsored businesses in transition and taking a private equity-style approach to engagement.

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.

Crestline closes $1bn direct lending CLO

The instrument sets a high bar for mid-market CLO closings in 2025.

Hopes high for PE-led deal recovery

There are reasons to believe the sponsor-backed private debt deal market may be set for better times ahead, though some headwinds persist.

DOWNLOAD: Fundraising decline slows as mega funds dominate

Fundraising dipped again in 2024 but large funds continue to increase their market share.

Bonaccord closes its second GP stakes fund at $1.6bn

The fund closed well above its $1.25bn target and is twice as large as its predecessor.