Self-help boosts distressed credit
Corporate distressed credit hedge funds posted strong returns again in November, as managers branched out from their core strategy

Distressed debt trader exits UBS for boutique asset manager
New York-based distressed trader leaves sell side role for boutique credit manager 

Venor Capital hires distressed credit analyst from rival
Investment analyst switches New York hedge funds after a matter of months 

Distressed credit fund makes strong return despite losses on hedging
Stressed credit fund makes estimated 2.1% return despite equity shorts and TXU trade going against portfolio 

Bluecrest hires event-driven credit trader from rival hedge fund
London-based event driven and distressed trader switches asset managers in London  

Former Credit Suisse distressed debt head joins asset manager
Former head of European distressed credit trading at Credit Suisse resurfaces at US-based asset manager 

BNP Paribas reshuffles distressed debt with new hires
Former head of distressed debt rumoured to join fund, while BNP Paribas splits job between new hires 

Goldman Sachs hires from hedge fund for distressed credit desk
Former vice-president at a leading private equity and hedge fund manager leaves firm after six years to join Goldman Sachs

Distressed credit hedge fund manager Atalaya hires trader
Former Silver Point debt trader joins credit manager as principal in New York

Wells Fargo hires distressed credit trader in New York
Distressed credit trader leaves European bank after seven years for role at Wells Fargo in New York

Credit hedge fund hires from Haymarket for recent distressed desk
Distressed trader joins hedge fund manager from corporate lender Haymarket to join former colleagues in London

Brevan Howard spin-off hires distressed debt specialist from Barclays
Barclays loses senior distressed debt analyst to credit focused asset manager 

Citi snatches head of distressed credit research from European bank
Former head of European distressed debt research heads to US bank for rumoured trading role 

US pension fund puts $125 million into Oaktree distressed debt fund
Minutes show that a US pension fund put $125 million into one of Oaktree's distressed debt funds

Former Deutsche Bank distressed head resurfaces at asset manager
European bank’s asset management spin-off hires former Deutsche bank distressed credit head in New York 

Ares hires senior sell-side distressed debt specialist in London
West coast credit hedge fund manager hires specialist in non-performing loans from dealer

Illiquid credit trader takes role at Kazakh bank
Trader leaves job at UK-based broker after just six months for Kazakh bank

US distressed debt giant makes two hires in London
Former head of European distressed debt joins asset manager’s London office along with special investment manager

Former JP Morgan credit trader rejoins the sell-side
Senior analyst at a credit hedge fund moves to Jefferies

BNP Paribas turns to distressed
Sources at BNP Paribas have said that the loss of four people from its high yield desks is a sign that the market is getting hot