Libor: what will replace it and who will monitor it?
What’s the alternative to a benchmark referenced by the $1 trillion broadly syndicated loan market?

Octagon launches its first retail credit fund
Closed-end fund with 50% allocation to structured credit goes live

Magnetar poaches former KKR private credit specialist
Alternative asset manager Magnetar Capital has hired private credit specialist Erik Falk from private equity firm Kohlberg, Kravis, Roberts & Co

MetLife portfolio manager leaves for AllianzGI in New York
Allianz Global Investors (AllianzGI) has poached portfolio manager Mona Mahajan from rival MetLife Investment Management

Institutional investors - does Europe still provide the best opportunities in credit?
Cash or synthetics, CLOs versus CMBS, senior or junior debt? Institutional investors have a variety of ways to approach credit investing and Creditflux's biannual survey of credit allocators aims to determine which market they view as offering compelling returns

Marketing specialist earns promotion at Muzinich with new global role
Muzinich has promoted Josh Hughes to head of global distribution 

Apollo's total return credit platform makes huge strides with $1.8 billion of inflows
Apollo's credit business increased by $10.3 billion in Q2 and total return credit is quickly becoming a key component of this credit platform

ING shuffles the pack as US loans veteran takes on new role in London
It’s all change over at ING with several of the bank’s senior loan specialists embarking on major relocations

Investor relations specialist lands at Angelo Gordon
Angelo Gordon has bolstered its investment relations team by hiring a seasoned prfessional with a history of working at structured credit fund managers

Hartford-based Newfleet adds head of business development to its team
Newfleet Asset Management has brought in William Irvine as a senior managing director and head of its institutional business development platform

Carlyle raises $1 billion for credit opps and structured credit funds
Carlyle Group’s has reiterated over the last several months that it sees huge potential in the credit market, and it is now experiencing joy on the fundraising trail

KVK launches opportunistic hedge fund to target unloved CLO assets
Funds that live by a rigid set of guidelines (such as CLOs) are being targeted as a source of assets by opportunistic managers

Time-saving hedge fund platforms stop opportunities evaporating
Lengthy commitment periods and drawn-out negotiations between institutional investors and fund managers could be a thing of the past thanks to a wave of multi-manager hedge fund platforms

Creditflux parent rebrands as Acuris
Creditflux’s parent company gained a new name last month, with Mergermarket Group relaunching as Acuris

Past returns: drawing crowds is not easy for bond trading platforms
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Spotlight: Local exchange carriers - calling for rescue on the M&A hotline
Growth-starved US phone companies are seeing consolidation as the best way to improve performance

Leading fund: Lupus Alpha CLO Opportunity Notes I
Single-B CLO trades boost Lupus Alpha asset Management

Fishknife: Interval funds are a step in the right direction
They bring their own dangers, but interval funds are a better vehicle for managing illiquid credit than conventional funds

Fund platform AMX eyeballs credit funds
Willis Towers Watson’s hedge fund platform has grown to $1.5 billion – and there is space for credit managers  

Neuberger Berman raises $450 million for CMOA
Neuberger Berman says that it has raised $450 million for its risk retention vehicle, Neuberger Berman Loan Advisors

Credit manager wins $200 million mandate from Texas pension fund
A west coast asset manager will be responsible for a separate account which will invest opportunistically across the credit market

BlueMountain hires fund distribution specialist from Paulson
BlueMountain Capital Management has poached Claudio Macchetto from Paulson and assigned him to the newly created position of head of platform distribution

Octagon plans its first 40 Act credit fund with 50% bucket for CLOs
Octagon Credit Investors is working on what could become one of the first closed-end fund listings by an alternative credit manager in recent years

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