Cheyne generates double-digit returns for hedge funds
Cheyne Capital has delivered with two credit hedge funds that have reached their maturity

Capital Four fund soft closes at €350 million
Copenhagen-based Capital Four Invest has recommended a soft close for its Luxembourg-domiciled Credit Opportunities Fund following its growth to €350 million

Muzinich debuts European total return credit strategy
Muzinich & Co has launched a new European-focused total return credit strategy that will have the ability to express both long and short views on credit

Spanish boutique launches its first Ucits credit fund
Madrid-based Arcano Asset Management has launched its first Ucits credit fund, citing demand from Ucits investors for credit fund investment opportunities based on floating assets and with low interest rate risk

Kirkland & Ellis poaches credit fund-focused partner from rival law firm
Anand Damodaran is the sixth partner Kirkland & Ellis has hired from Ropes & Gray this month, company announcements reveal. Earlier this month, Kirkland & Ellis hired a five-partner team focusing on investigations and government enforcement.

Institutional investors - does Europe still provide the best opportunities in credit?
Cash or synthetics, CLOs versus CMBS, senior or junior debt? Institutional investors have a variety of ways to approach credit investing and Creditflux's biannual survey of credit allocators aims to determine which market they view as offering compelling returns

Time-saving hedge fund platforms stop opportunities evaporating
Lengthy commitment periods and drawn-out negotiations between institutional investors and fund managers could be a thing of the past thanks to a wave of multi-manager hedge fund platforms

Creditflux parent rebrands as Acuris
Creditflux’s parent company gained a new name last month, with Mergermarket Group relaunching as Acuris

Fund platform AMX eyeballs credit funds
Willis Towers Watson’s hedge fund platform has grown to $1.5 billion – and there is space for credit managers  

BlueMountain hires fund distribution specialist from Paulson
BlueMountain Capital Management has poached Claudio Macchetto from Paulson and assigned him to the newly created position of head of platform distribution

GoldenTree squares up for huge credit interval fund launch
GoldenTree Asset Management has partnered with a retail distribution giant on the latest example of a credit interval fund, according to SEC filings

Protection holders look to trigger default on HCR ManorCare CDS
Action follows Debtwire report that lenders have accelerated nursing provider's loans following a covenant breach

Credit fund manager snaps up BlueMountain's CEO for Europe
BlueMountain has announced leadership changes following the departure of Nicholas Pappas - with sources informing Creditflux that he has signed up with another large fund manager as head of credit

Parex's bond for loan swap traps CDS holders
French cement firm's move leaves hedge funds abandoning orphan  

Eiffel long-short fund joins Creditflux listing
Eiffel Credit Opportunities fund has been added to the Creditflux credit hedge funds table under the relative value category