Angelo Gordon names two new co-CIOs
Angelo Gordon has appointed two new co-chief investment officers, according to a letter seen by Creditflux

ArrowMark's Shaiman to take top role at LSTA
ArrowMark Partners’ Lee Shaiman has been appointed executive director of the LSTA, succeeding Bram Smith

Alcentra global credit strategy launches US feeder fund
Alcentra has launched a new US feeder fund for its Global Multi-Credit Solutions strategy, a regulatory filing indicates

Calpers executive set to leave the pension fund to rejoin Franklin Templeton
Wylie Tollette is leaving his role at the California Public Employees’ Retirement System (Calpers) to return to Franklin Templeton Investments, with his last day at the pension fund set for 5 January

GSAM loan portfolio manager joins fund giant for high yield role
A long-time loan PM will turn his attention to investing in high yield bonds for a firm with $4.5 trillion under management

CLO fund manager launches flagship credit strategy with $250 million target
A credit manager launched by a former UBS head has launched its flagship fund, with a target raise of $250 million, according to an investor letter seen by Creditflux

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

Private credit allocator finds there is no substitute for the real thing
A US pension scheme is considering decreasing its allocation to private credit – and it has nothing to do with performance

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

Retail sector ailments could easily turn into pandemic
Credit’s retail malady is infectious and uncontainable as retailers face up to obsolete business models

California manager drafts in former KKR vice president as CFO
A west coast firm has hired KKR's former vice president of finance. He will step into the role of chief financial officer as well as chief compliance officer

Former IR head at Minnesota alternatives firm re-emerges at Castlelake
An investor relations director who worked at an alternatives manager until April has resurfaced at another alts firm in Minneapolis, Creditflux has learned

Natixis rebrands its asset management arm
Natixis has changed the name of its asset management to "better highlight its multi-affiliate business model"

Investors approve appointment of Aberdeen as advisor on Avenue fund
Shareholders of the Avenue Income Credit Strategies Fund have approved a new advisory and sub-advisory agreement for the fund

CSAM closes unit it launched to take minority stakes in hedge fund managers
Credit Suisse Asset Management is unwinding Anteil Capital Partners, the private equity unit it set up to take minority stakes in hedge fund firms, according to a market source

Alarm maker's consent fee gambit attracts attention
Bond holders agree covenant waiver to let Hellman & Friedman carry out huge dividend refi  

BDC reports $25.3 million increase in AUM
FS Investment Corporation (FSIC) has cited the “very competitive” nature of the credit market during its third quarter 2017 earnings release

Wells Fargo rewards CLO veteran with another promotion
Wells Fargo has appointed Mary Katherine DuBose as head of debt capital markets effective immediately

Points up front
Legal documents related to a now defunct fund run by Carlyle a decade ago, highlight tensions between two senior portfolio managers

US investors allocate over $100 million to BlueBay credit fund
BlueBay Asset Management has picked up over $100 million of commitments from US investors for its total return credit fund

Alcentra continues hot fundraising streak with new global credit offering
BNY Mellon subsidiary Alcentra has attracted $140 million for a corporate credit fund

Leader aims to be at forefront of floating rate credit fund comeback
Floating rate credit fund launches have slowed to a dribble in the past three years after launching en masse in 2013 – but they may be due for a revival

Carlyle's co-founders step down as new leadership team is unveiled
The group names two Co-CEOs and a Co-CIO – but claims its three co-founders will continue to be actively engaged at Carlyle

CVC hires Nomura's head of credit structuring for senior CLO role
CVC has hired a global head of CLO origination to join its New York office

ICG hires to its US marketing team
A few months after hiring a managing director for the western region of the US, ICG now hires for the southern states