BlueBay, Brightwood and Permira win private debt mandates
BlueBay Asset Management, Brightwood Capital Advisors and Permira Debt Management have been tasked with overseeing a London pension fund’s direct lending portfolio

Imperial brings in emerging market veteran to its London offices
Imperial Capital says that it has hired John Gibbens to work in its emerging markets sales and trading division in London

JP Morgan credit specialist set to join large credit manager in London
An experienced banker is leaving the leveraged finance desk at JP Morgan ahead of a move to the buy side. He is set to be involved with his new employer's upcoming direct lending fund

Waterfall looks to add derivatives to its credit managed account
A US pension fund looks set to approve a change to its account with Waterfall, which will see the manager gain the ability to use derivatives as a hedging tool

Aviva adds two to its infrastructure debt team in London
Aviva Investors has announced two hires to its infrastructure debt platform

Direct lender Beechbrook makes strong start in ramping UK fund
Regulatory filings show that Beechbrook Capital has made a strong start in ramping up its debut UK direct lending fund

Direct lending shows signs of growth in continental Europe, finds Deloitte
Deloitte has released its latest Alternative Lender Deal Tracker report in which it highlights that 267 direct lending deals took place over the course of 2016 – an increase of 2% on 2015’s volumes

Senior distressed specialist leaves GSO after fund closure
Shortly after shutting down its distressed debt fund, GSO Capital Partners is understood to have parted company with a senior managing director and key figure in its distressed business

Credit managers morph into eco-warriors as ESG demand escalates
Credit market participants are watching their carbon footprint with green and ethical investing being all the rage

Credit manager bucks the trend by shifting into private equity
A host of private equity firms are planning direct lending funds, but one direct lender is moving in the opposite direction  

Top credit trader returns to Caxton
A high profile credit trader is rejoining Caxton to lead its European credit unit 

Citi tests the market for three-year bespokes
There is increasing appetite for credit derivative risk with Citi looking to extend the maturity of its deals 

Hedge fund manager adds ex-Commerzbank high yield trader to its team
Expanding hedge fund manager Redhedge has hired an experienced high yield credit trader to its offices in London

British Business Bank joins forces with Start Up Loans Company
The British Business Bank and the Start Up Loans Company are set to merge, according to a joint-statement issued yesterday. The former has supported a number of UK direct lending funds

Citi promotes a familiar face to head European credit structuring
Citi has promoted a long-time Citi staffer to the role of head of credit structuring for the Europe, mid East and Africa region

Bfinance hires to its London and Sydney offices
Pension fund consultant Bfinance has made three hires to its team

BNP Paribas combines high yield and distressed trading in Europe 
French bank loses two high yield specialists as it combines desks in London