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Golub smashes previous fundraising record by $750m

The direct lending behemoth is coming off one of its largest deals, a $695m loan to back a radiology portfolio company of New Enterprise Associates.

BlackRock targets $1.5bn for debut private fund

The world’s largest asset manager is raising an inaugural seven-year fund, which has a 10 percent carried interest over a 6 percent hurdle, after launching its mid-market lending business a dozen years ago.

EMZ Partners hits €815m hard cap for latest fund

The French firm beat its €750 million target in nine months and has already begun deploying capital.

Capital Dynamics targets Q2 close for debut credit fund – exclusive

The firm is expected to begin accepting commitments for the $500m vehicle in Q1 2018, according to a source familiar with the matter.

Senior surges

A shift towards senior debt could indicate that the credit cycle is turning.

Antares, Bain BDC partnership to offer unitranche loans of up to $350m

The platform is Antares’ third iteration of a unitranche JV.

Riverstone seeks $750m for second energy credit fund – exclusive

The firm’s debut fund consisted mainly of investments in refinancings and commitments to private equity-backed borrowers.

Churchill raises $1.1bn, more than doubling fund’s expected size

Nuveen’s private credit arm specialising in senior loans could lever the vehicle up to 2x.

BNP Paribas launches European corporate loans fund

European corporate debt is targeted by BNP Paribas Asset Management as default expectations remain low.

POBA to add to US lending strategy

The Korean pension fund has put out an RFP to hire private debt managers for US direct lending mandates.

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