Consultant calls on investors to quiz managers over ESG processes
The lack of consistent and reliable data seems to be a major challenge when embracing environmental, social and governance (ESG) criteria across private equity, infrastructure and credit.

BAML assigns high-ranking position to Barclays leveraged finance head
Bank of America Merrill Lynch has poached Barclays leveraged finance head Jill Schwartz and assigned her the role of executive vice chairman of global corporate and investment banking, according to an internal memo seen by Creditflux

Invesco to convert Canadian bond fund into global credit strategy
The new Invesco Active Multi-Sector Credit Fund will have a global multi-sector approach

Texas pension fund puts $150 million into credit
A $29.7 billion pension fund has approved commitments to two credit fund managers

BNP Paribas reorganises US credit business and appoints leveraged finance head
BNP Paribas has integrated its existing US primary and secondary credit units under a single new entity known as global credit markets Americas

Houlihan Lokey launches US loan platform and signs up HPS
Global investment bank Houlihan Lokey has launched a new syndicated leveraged finance platform as part of its capital markets group in response to “significant client demand” 

Mill Hill poaches former Citi structured credit specialist
New York-headquartered Mill Hill Capital has appointed Nick Pepe as head of business development and investor relations

Crestline Denali announces new structure following CEO departure
Crestline Denali has announced its new organisational structure, following the retirement of its chief executive officer David Killion

Portfolio managers continue to be pessimistic on credit outlook, survey finds
A survey by the International Association of Credit Portfolio Managers states that 56% respondents believe average corporate default rates will increase over the next 12 months 

Thrivent looks to the heavens for new interval loan fund
Minneapolis-based Thrivent Asset Management hopes to receive blessings and capital commitments from investors, after it has registered its new interval Church Loan and Income Fund

Arctos Capital raises for cryptoasset credit fund
San Francisco-headquartered Arctos Capital is launching a cryptoasset credit fund – Arctos Capital Cryptoasset Credit Fund

Californian pension fund looks to increase exposure to opportunistic credit
Merced Country Employees Retirement Association (MCERA) may increase its exposure to opportunistic credit, according to documents seen by Creditflux

Houlihan Lokey expands global private funds group with Carlyle official
Global investment bank Houlihan Lokey has expanded its global private funds group with the appointment of Zade Zalatimo, former senior executive officer of Carlyle MENA

Mayer Brown appoints private credit specialist as partner in Chicago office
Global law firm Mayer Brown has appointed private credit specialist Beth Vogel as partner in the firm’s banking and finance practice

Standard Chartered plans refocused SRT return
One of the biggest issuers of significant risk transfer (SRT) deals is returning to the market

Fixed income managers join rush for US leveraged loans
High yield fund managers Barrow Hanley Mewhinney & Strauss and Ryan Labs Asset Management are moving into floating rate products

Investors fight to stop assets being pulled into black holes
US loan investors are fighting back against terms which they believe are effectively turning supposedly senior secured loans into unsecured agreements

Neuberger's Dyal acquires minority stake in HPS
Dyal Partners, a division of Neuberger Berman, has acquired a minority equity stake in global credit manager HPS Investment Partners

Sound Point and American Beacon team up for credit interval fund
American Beacon Sound Point Enhanced Income Fund will invest in a variety of credit-related instruments - with at least 40% bank loans exposure

Orix acquires US mid-market lender NXT
Japanese financial services firm Orix, has agreed to acquire US mid-market lender NXT Capital

Alcentra appoints Rajguru as global chief investment officer as Hatfield retires
Alcentra has appointed Vijay Rajguru as global chief investment officer effective 2 July 2018, a spokesperson for the company has confirmed to Creditflux, following Paul Hatfield's decision to retire from the firm at the end of the year

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

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