Dubai-based manager boosts private debt unit with managing director
Gulf Credit Partners, the private debt platform at Gulf Capital, has appointed a managing director from NBK Capital Partners 

Illiquid credit boost returns for PensionDanmark
PensionDanmark has generated 5.8% returns from its illiquid credit portfolio for the year 2018, according to its latest annual report published today. But its liquid credit portfolio took a 3.4% hit

Muzinich poaches Neuberger Berman MD for top fund distribution role
Muzinich has hired a global head of distribution, according to an announcement today, picking up the role previously held by Joshua Hughes, who left for CIFC Asset Management in May

Mirabaud boosts emerging markets capabilities with manager acquisition
Galloway Capital Management, an emerging markets-focused hedge fund manager, has been fully acquired by Mirabaud Asset Management

Stone Harbor appoints co-CIO and high yield co-heads
Stone Harbor Investment Partners, the New York headquartered credit fund manager, has opted to share out its chief investment officer responsibilities

BNP Paribas Asset Management hires multi-strategy products head
BNP Paribas Asset Management has created a new position within its fixed income division

Milwaukee pension fund seeks emerging market debt managers
The Employees’ Retirement System (ERS) of Milwaukee Country has launched a request for proposal (RFP) seeking investment firms to manage a $52 million long-only emerging markets debt portfolio.  

Blackstone builds on multi-asset approach with fifth fund
The new vehicle will invest directly into Blackstone deals across its alternatives platform

Hermes brings in senior emerging market debt PM
Hermes Investment Management has appointed a former Jupiter Asset Management official as a senior emerging market debt portfolio manager

California pension fund seeks opportunistic credit manager
Merced County Employees’ Retirement Association is on the search for an opportunistic credit manager, according to board minutes seen by Creditflux

Los Angeles pension fund plans $3.7 billion allocation to credit
Los Angeles City Employees' Retirement System, the $17 billion pension fund, is allocating to credit in 2019 - it's looking to put $2.44 billion to work in core-fixed income, $800 million into emerging markets debt, $235 million into high yield and a similar amount into a bond/loan hybrid fund

Allianz GI boosts alternatives platform with new Asian private credit unit
Allianz Global Investors has launched an Asian private credit unit and has made two hires to spearhead the effort,

Danish penion fund's credit portfolio returns to growth
ATP, the Danish pension fund, has generated a return of DKK 799m from its credit portfolio for the first three quarters of 2018, marking a recovery compared to the H1 negative return of DKK200m.  

Axa IM reveals new Ucits-compliant global credit fund
The new vehicle aims to offer investors a Ucits-compliant product that invets across the whole credit spectrum 

Former BlackRock PM joins Mirabaud for emerging market credit role
Mirabaud Asset Management has bolstered its emerging market debt team with the appointment of former BlackRock official Puneet Singh

Dallas pension fund set to cut private debt
The Dallas Police and Fire Pension Fund, at an 11 October meeting, approved a new long-term asset allocation plan that will gradually wind-down its private debt portfolio

Lord Abbett markets new credit interval fund
The asset manager becomes the latest to join the interval fund rush 

BlackRock becomes latest manager to explore interval fund structure for credit
Several managers have hit the market with the interval fund structure, as investors look to invest in illiquid strategies through an illiquid fund structure

Danish pension fund's bond and loan performances diverge
ATP, the Danish public pension fund, has made negative returns on its credit portfolio with its bond portfolio suffering 

Barclays hires another senior EM trader as Turkey continues to roil markets
Barclays has made an experienced hire to its EM credit trading team in London

Mediobanca hires experienced credit trader to build out loan franchise
Mediobanca has appointed an ex-Deutsche Bank senior credit trader as head of loan trading

Vanguard plans global credit bond fund launch for US investors
Vanguard’s $1.3 trillion fixed income group is looking towards a US-domiciled global credit bond fund in the fourth quarter this year, following the Ucits version it launched last year 

BlackRock unveils ESG-focused emerging market debt suite
BlackRock has launched a series of emerging market debt funds that will have an environmental,social and governance (ESG) focus

BlueArc brings in nearly $70 million for global private credit fund
At least 100 investors have backed the BlueArc Global Private Credit Opportunity Fund, managed by Atlanta-based BlueArc Capital 

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