CIFC multi-asset strategy launch underlines diversification beyond CLOs
CIFC Asset Management has launched a multi-strategy credit strategy, underlining its development from a CLO issuance business to a broader credit asset manager

Fund lenders heighten scrutiny after alleged subscription credit facility fraud
An ongoing investigation into an alleged subscription credit facility fraud has left market participants questioning standard due diligence processes

Mizuho appoints loan trading head in London
Mizuho says it has hired an experienced loans specialist as head of loan trading for Emea in a newly-created role

Four managers win lucrative $700 million credit mandate
A $39 billion pension has selected four managers for an opportunistic credit mandate and identified a further four ‘bench’ managers 

Saba named as replacement manager on lev loan fund
Saba Capital Management expects to transition a 'meaningful portion' of the leveraged loan fund into assets like bonds, special purpose acquisition companies and closed-end funds

Credit Suisse hires senior BofA official to lev fin capital markets team
The former European leveraged finance capital markets head is set to join Credit Suisse in June 

BofA replaces European lev fin capital markets head
Bank of America has named a new head of European leveraged finance capital markets, with Joe Bishay leaving the role

Muzinich adds ex-CIO of boutique amid raft of credit hires
Muzinich has made five hires to its corporate credit business 

Investec offloads Australian corporate loan book
The sale comes as Investec exits the Australian market after 23 years

Vontobel names fixed income trading head amid four senior hires
Vontobel Asset Management has appointed four senior hires to its team including a newly created role of head of fixed income trading

Blackstone opens up new horizons with CIO hire for multi-manager business
Blackstone Alternative Asset Management has launched a new platform named Blackstone Horizon and hired a hedge fund veteran as chief investment officer

US credit specialists prepare for partial return to office
Positive covid-19 data coming out of the US is turning market participants’ attention to a potential return to the office

Credit funds at a glance (March 2021)
A round-up of fundraising and people moves

Fund performance: CLO funds pick up where they left off
New year, same funds leading the way with CLO strategies the top performers in January

Ucits at a glance: CIFC nears positive 12-month returns
Ucits funds have started 2021 on a quiet note as 72% of funds achieved a positive return

Credit hedge funds (March 2021)
Monthly credit hedge fund tables

MUFG hires leveraged syndicate and high yield trading heads in New York
MUFG has bolstered its leverage finance team with two senior hires from RBC Capital Markets and Goldman Sachs 

Credit fundraising: ESG centre stage as capital pours into new strategies
Sustainability was the watchword for fundraising in February, amid a flurry of fund launches as well as first closes for impact funds and sustainable bond funds

Apollo holds $2.34 billion final close on latest credit dislocation fund
Apollo Global Management has held a $2.34 billion final close on its latest flagship dislocated credit fund, Apollo Accord Fund IV

It's all relative: CLO spreads explore record tights as credit indices hit impasse
CLO spreads are grinding to ever tighter levels, despite a flattish week for credit in which corporate credit indices have ended up more or less unchanged

UK fund manager launches £125 million global sustainable credit fund
The manager says it aims to allow investors to gain exposure to global fixed income markets in a more sustainable way

ESG was factor when firing managers for 42% of investors, survey reveals
The latest survey from investment consultant Bfinance shows the coronavirus pandemic increased focus on ESG issues for over a third of investors - and ESG is important when selecting external asset managers

Blackstone hires Carlyle co-head of illiquid credit as senior managing director
The New York-headquartered manager has hired a Carlyle official as a senior managing director in its opportunistic investing platform, Blackstone Tactical Opportunities. And Carlyle has subsequently promoted two officials on its team

Carlyle holds first close on opportunistic credit fund amid 2020 'record fundraising'
Carlyle Group has held an initial closing on its second opportunistic credit fund amid a record credit fundraising year for the firm

Apollo credit assets rocket 50% with anticipated fundraising hike after Black investigation
Apollo Global Management's credit assets rocketed 52% over 2020 to $329 billion - and the firm predicts third-party fundraising to “build significantly” in the first quarter, following the conclusion of Dechert's investigation into chief executive officer Leon Black