Brown Brothers Harriman expands fixed income capabilities with new mutual fund
New-York headquartered Brown Brothers Harriman & Co (BBH) has expanded its fixed income capabilities with the launch of its new debt fund - BBH Income Fund

Lynx appoints former Swedish pension fund alternatives head as partner
Swedish hedge fund manager Lynx Asset Management has appointed Martin Källström as partner and member of its management team

Prairie looks to raise $100 million for credit opportunities fund
Prairie Capital Management is on the fundraising trail

BlackRock seeks $1 billion for new multi-strat opportunities fund
The new trust will invest at least 80% of its assets in fixed income securities and up to 40% in special situations, SEC filings reveal 

Michigan pension fund looks to commit $80 million to debt funds
The $114 billion Michigan pension fund is looking to commit to two private debt funds managed by London-based Kreos Capital and New-York headquartered MidOcean Credit Partners

THL Credit increases loan fund assets by $179 million in one year
Boston-headquartered THL Credit has raised at least $300 million for its bank loan fund, according to US regulatory filings

Axa IM brings in global head of fixed income
Axa Investment Managers has appointed Hans Stoter as global head of fixed income, Creditflux has learned

Aviva restructures investment platform and creates new credit unit
The London-based manager hopes the restructuring - which includes a new new credit business, multi-asset and macro unit and a new solutions line -  will "improve processes and idea generation across team"

CEO of TCW's European business joins Investcorp
Investcorp Credit Management has poached the chief executive officer for TCW Europe Heinrich Riehl

New regulations set to spur Swedish state pensions' investment in illiquid credit
A new proposal on investment guidelines giving four of Sweden’s state pension plans greater freedom to invest in private markets, including illiquid credit, is progressing through the Swedish parliament

Former ICG CLO portfolio manager takes on CIO role at MeDirect
The former co-head of European leveraged loans at Intermediate Capital Group, Michael Curtis, has resurfaced at MeDirect (formerly known as Mediterranean Bank)

Texas pension fund ups commitment to CQS opportunities fund
The $29.7 million pension fund mandated $50 million to CQS Directional Opportunities Feeder Fund on 1 June

Leveraged finance veteran leaves Mizuho in London after 22 years
The head of international acquisition finance at Mizuho, Paul Carman, has left the bank to bring to an end a 22-year affiliation with Mizuho

JP Morgan AM strengthens fixed income team with several new appointments
Karine Mercado, Rohan Duggal and Claire Cullen join the investment team at JP Morgan Asset Management  

London pension funds pick CQS as first manager for new credit fund of fund
London Collective Investment Vehicle (London CIV), a fund for London pension funds, has announced the launch of its first fixed income offering – LCIV MAC fund

Brazil development bank launches $1.5 billion infrastructure credit fund
Brazil’s National Bank for Economic and Social Development (BNDES) is launching a new Brazilian infrastructure credit fund with support from the Inter-American Development Bank

Barrow Hanley hires two analysts for new US loan strategy
Barrow, Hanley, Mewhinney & Strauss has further expanded its newly-formed bank loan strategy team, hiring credit analysts Michael Trahan and James Silcock 

Ashurst promotes five debt specialists to partner
Global law firm Ashurst has announced the promotion of 24 to partnership - including Kerion Ball, James Knight, Laura Ho, Tara Waters and Caroline Smart

Flat Rock prepares $100 million CLO equity-focused fund after big hire
Flat Rock will launch the new interval fund to primarily invest in CLO equity, with newly hired anchor CLO investor Shiloh Bates acting as one of the portfolio managers

Stamford Associates' head of fixed income joins European credit manager
The head of fixed income at Stamford Associates, Timothy Smith, has moved to the buy side

LGIM chief executive officer Zinkula steps down
Legal & General Invesment’s (LGIM) chief executive officer Mark Zinkula will step down from his position in August this year following his retirement

Spire moves into CLO investing with new credit fund
European corporate credit specialist Spire Partners has raised roughly €100 million for a multi-strategy fund that will have the ability to invest in CLOs

Credit interval funds thrive as investors value liquidity profile
“The interval fund structure’s time has come," says BlueBay's Blair Reid

Federal Reserve seeks comment on proposed Volcker rule changes
Amendments to the Volcker rule took another step forward yesterday after the Federal Reserve Board released a note requesting feedback on proposed changes to the rule

Hermes launches £185 million unconstrained credit fund
London-based Hermes Investment Management has launched a new Ucits-compliant unconstrained credit fund - which will include pricing ESG risks