Maples & Calder announce several CLO lawyer promotions
Maples & Calder has announced several promotions for CLO lawyers.- including three partners and one counsel 

Bain targets $500 million for CLO-focused vehicle
Bain Capital Credit is targeting $500 million for its CLO-focused vehicle, Bain Capital Credit CLO Management, according to sources familiar with the situation

Steep climb: dealers and investors cross-examine merits of five-year CSOs
The market for bespoke tranches of credit synthetic obligations (CSOs) looks set for further year-on-year growth, but this could depend on expanding activity to longer tenors

Credit drives strong returns for five of the largest asset managers in the business
Carlyle is close to hitting its ambitious fundraising target; direct lending has been kind to Ares; and Och-Ziff has decided to shed its US CLO risk retention stakes after exiting its financing agreements

CLO Ucits funds take off despite investment limits
CLO investors are swarming over the Ucits fund market, despite the obvious regulatory headwinds and stringent liquidity requirements associated with these structures

Oaktree raises new special situations fund while CIO warns of direct lending risk
Oaktree Capital Management has released its second quarter 2018 results in which the Los Angeles-based firm reported $2.4 billion of new capital commitments in the quarter

German asset manager launches CLO-focused Ucits fund
UniInstitutional Structured Credit, managed by Frankfurt-headquartered Union Investment, will invest in a portfolio of securitisations, with a strong focus on CLOs  

Sovereign investors' allocation to alternative credit increase rapidly, finds survey
Sovereign investors are increasing their exposure to CLOs, direct lending and bank loans, according to a 2018 Global Sovereign Asset Management Study published by Invesco this week

Neuberger's Dyal acquires minority stake in HPS
Dyal Partners, a division of Neuberger Berman, has acquired a minority equity stake in global credit manager HPS Investment Partners

Global head of credit correlation leaves JP Morgan to launch new hedge fund
Market sources say that a high profile figure, known to have been responsible for unwinding JP Morgan's 'London whale' positions, has left the bank to start his own hedge fund

BlackRock seeks $1 billion for new multi-strat opportunities fund
The new trust will invest at least 80% of its assets in fixed income securities and up to 40% in special situations, SEC filings reveal 

Highland launches CLO Ucits fund
Dallas-headquartered Highland Capital Management has launched a new Dublin-domiciled Ucits fund, which will focus on CLO debt

Destra and BlueBay team up to launch credit interval fund
Destra has become the latest manager to launch an interval fund - Destra International & Event-Driven Credit Fund - which will focus on two strategies: multi-strategy international credit  and event driven credit. 

CIFC lands in Europe with new office and top marketing hire
CIFC has further strengthened its European presence in the credit market, opening a new London office and appointing Muzinich’s Joshua Hughes to head its European marketing

Carlyle and Oppenheimer opt for interval fund structure as part of JV
The new private credit fund will invest at least 80% across loans and structured credit (Including CLOs), opportunistic credit, direct lending and liquid credit, SEC filings reveal

Alcentra holds $513 million close for CLO-focused fund
Alcentra has held a final close on its third structured credit opportunity fund with $513 million capital commitments - which has the ability to invest in US and European CLO equity, mezzanine tranches and warehouse capital 

Structured credit specialists seek future-proofing in direct lending
At the turn of the last credit cycle, structured credit recovered spectacularly – but credit managers today seem to be gravitating towards private credit as the area to pick up excess returns in a downturn

Marble Point lists CLO equity fund on London Stock Exchange
Marble Point Capital Managment has completed an IPO for its new listed fund named Marble Point Loan Financing

Dublin-based co-head of global credit parts company with KKR
An experienced figure in European credit has left KKR in order to pursue interests outside of fund management. He had been serving as co-head of global credit at the firm

Oak Hill appoints sole head of European credit as ex-partner takes on new role
One of Oak Hill Advisors’ most senior staffers has stepped into a senior advisory role

Up-and-coming fund manager Revolution makes big structured credit hire
Sydney’s Revolution Asset Management has made a big hire, signalling its intent in the global structured credit markets

Oak Hill promotes three to partner
Oak Hill Advisors has promoted three managing directors to the position of partner, according to market sources

Former Och-Ziff executive Cohen faces criminal fraud charges
A former Och-Ziff Capital Management executive is facing criminal fraud charges relating to the firm’s hedge fund activities in Africa, according to an indictment that was made public last week