GSO goes in-house for its latest credit interval fund
GSO is planning a novel onshore fund to invest in loans and CLOs, according to a prospectus recently filed with the SEC

Oaktree takes over Fifth Street’s BDCs
Oaktree Capital has won the auction to take over Fifth Street Asset Management’s two business development companies

Macquarie rehires sales specialist for brokerage role in New York
Macquarie Capital has announced that it has rehired loan sales specialist John Florio for its credit business in New York

20-year Citi veteran earns promotion to head of European credit trading
Citi’s global head of distressed debt has been promoted to head of credit trading for Europe, the middle east and Africa, officials at the bank have confirmed

Cov-lites have invaded the US mid-market, investors hear
Covenant-lite documentation has made strong inroads into US mid-market loans in the past year

Managers take baby steps into retail loans
Retail loans have been out of favour among fund managers for some time, and although this sentiment persists, CLO-i data shows that there is an active two-way market for certain names

Fees on the line as CLO investors fight back over ramp-up failings
CLO managers globally are being chastised for failing to deliver on their model portfolios.

Energy credit head takes on bigger role at GSO in New York
Dwight Scott has been promoted to president of GSO Capital Partners in New York, according to Bloomberg

Carlyle poaches credit specialist from HPS in New York
Carlyle Group is continuing to pump resources into credit with the firm announcing that it has hired a head of credit opportunities based in New York

Deutsche Bank withdraws job offer for top fixed income role, says report
In an unusual turn of events, Deutsche Bank is reported to have rescinded an offer to hire a top credit specialist to the role of head of fixed income, reports Business Insider

GoldenTree squares up for huge credit interval fund launch
GoldenTree Asset Management has partnered with a retail distribution giant on the latest example of a credit interval fund, according to SEC filings

CLOs dodged recent loan defaults, according to Wells Fargo
CLO exposure to three recent US loan defaults has been minimal, according to Wells Fargo research

Deutsche Bank hires two to its loans team in New York
After strengthening its high yield team in New York, Deutsche Bank has turned its attention to its loans business

FRN specialist returns to Mizuho after leaving Deutsche Bank
Mizuho says that Traci Creange has re-joined its fixed income team as head of US floating rate note credit trading

After high yields? Then understand the higher risks
Direct lenders with higher yield targets must be aware of the different risk profiles involved

What you really need to know about covenants
Loan covenants are evolving and it’s vital you know your ‘loose’ from your ‘lite’, so check out this guide

Spotlight: Data centres - clear skies ahead for cloud providers
Demand for data centres is strong and there is no sign so far that the market is overheating

Things aren’t always what they seem
Buy CLO triple As but don’t be fooled by diversity scores; take a look at credit index futures if you need liquidity; and watch out for quasi-mid market loans appearing in CLOs

They said it: Two analysts won’t do
“You’ll get smoked”

PGIM takes top spot as credit market celebrates
PGIM was the big winner at the Creditflux Manager Awards dinner on 3 May after scooping up the coveted manager of the year award

BlueMountain appoints director of research in New York
Alternative credit specialist BlueMountain Capital Management has announced that Michael Mouboussin is joining the firm in the newly-created role of director of research in New York

Protection holders look to trigger default on HCR ManorCare CDS
Action follows Debtwire report that lenders have accelerated nursing provider's loans following a covenant breach

Alcentra promotes three after US loan head Lemberg retires
Alcentra has announced that one of the loan market’s best known figures, Bill Lemberg, is retiring