ICG announces new marketing hire
Intermediate Capital Group (ICG) has appointed a former Neuberger Berman institutional sales professional to head up marketing across parts of Europe

KKR opens Frankfurt office
The global investment firm has announced the opening of a new office in Frankfurt, Germany, in a bid to further strengthen its presence in Europe

Chenavari raises $120 million in a year for multi-strategy credit vehicle
Chenavari Investment Managers has raised almost $120 million in a year for its Cayman Islands-incorporated Chenavari Multi-Strategy Credit Fund, regulatory filings suggest

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

Oak Hill appoints sole head of European credit as ex-partner takes on new role
One of Oak Hill Advisors’ most senior staffers has stepped into a senior advisory role

Morgan Stanley's fixed income sales dramatically dip in Q4 earnings report
Morgan Stanley's sales and trading net revenues took a dip in 2017, with fixed income net revenues in particular down 31% compared to 2016 figures

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

European CLO pioneer Wallace set to leave Maltese bank
A loan portfolio manager – who was behind a pioneering European 2.0 CLO – has left MeDirect Bank

HSBC banker joins Jefferies as European co-head of leveraged finance
Jefferies has made a big hire to its loans business in London, Creditflux has learned

Pacific Life rebrands asset management division and appoints CEO
Pacific Life has announced the rebrand of its asset management business to Pacific Global Asset Management and has appointed Kevin Byrne as chief executive officer

BNP Paribas adds experienced fund financing specialist to its Paris offices
BNP Paribas has hired an experienced professional to its fund financing team. The new recruit will cover loan funds

Former Morgan Stanley European loan trading head resurfaces on buy side
A Madrid-based manager has hired a senior loan specialist as it launches a new credit fund

SSGA appoints former Unigestion director in top business development role
State Street Global Advisors, the asset management arm of State Street Corporation, has hired Miles O’Connor as head of institutional for EMEA.

Rothschild's Yeates joins Investcorp to head European credit funds business
Credit veteran Phil Yeates has joined Investcorp Credit Management as a managing director and head of its European credit funds business, according to an announcement this morning

Credit markets ignore geopolitical exposures, suggests Guggenheim
Global credit spreads have spent 2017 tightening, but markets may be ignoring certain risks, according to Anne Walsh, chief investment officer for Guggenheim’s fixed income unit

They said it: the dangers of corporate finance
Cairn Capital's Asif Godall gives his take on companies that don't have a deleveraging plan

Engineering and construction: diversification leads to deepening debt
In trying to build a more global roster of clients, some construction companies may have dug a hole for themselves

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Amundi's credit subsidiary promotes head of fixed income
Paris-based BFT Investment Managers, the credit and fixed income subsidiary of Amundi, has announced a new managing director

NN IP hires former GE official to head corporate loans business
A Dutch asset manager has strengthened its alternative credit team

Rothschild plans to raise up to €500 million for its next credit fund
Fresh from launching Oberon III last week, a market source says Rothschild is planning its follow-up credit fund

Bank appoints head of European loan trading in London
A loans trader has been promoted to lead a bank's Europe-wide loan trading effort

Fund management associations team up to engage with EU policymakers
The Alternative Investment Management Association has entered into a cooperation agreement with a German alternatives advocacy group

KKR promotes recent hire to its European credit business
KKR has revealed a list of promotions across its private credit strategies. They include the promotion of Matthieu Boulanger – who joined KKR only mere three months ago – to partner

Shrinking spread cushions prove hard for CLOs
 Falling loan spreads are placing ever tighter constraints on CLO managers’ choice of investments just as the loan supply itself is declining