CVC Credit adds loan for European mid-market business
CVC Credit Partners has added a term loan to a UK caravan maker as part of its European private debt business

Helsinki-based private credit specialist Certior Capital announces hire
Helsinki-based private credit and equity fund-of-fund manager Certior Capital has announced that it has brought on board Olli Heinilä as an investment director and says it is looking to make further hires

GoldenTree squares up for huge credit interval fund launch
GoldenTree Asset Management has partnered with a retail distribution giant on the latest example of a credit interval fund, according to SEC filings

JP Morgan Asset Management hires distressed credit trading duo
Two JP Morgan distressed credit specialists who left a year ago for a rumoured move to the buy side have turned up on the buy side – back at JP Morgan

Direct lender Kartesia hires from JP Morgan and Goldman Sachs
Direct lender Kartesia has announced that it has hired two associates in London and an analyst for its office in Brussels

Scio liquidates structured credit fund after posting 11.5% returns
London-based structured credit specialist manager Scio Capital has announced that is liquidating one of its funds and returning capital to investors

Citi adds to high yield sales team in London
Citi has announced that it has hired high yield sales specialist Richard Caldwell in London

Banco Popular becomes first credit to trigger new-style CDS
Isda’s credit determinations committee ruled on Friday that Spain’s Banco Popular has triggered a “government intervention” credit event on its credit default swaps

Alcentra teams with Steadfast for $3 billion global mid-market strategy
Steadfast Capital Markets Group and Alcentra have announced the launch of a new credit fund, which will lend to companies in the US and western Europe

There are reasons to be upbeat, MEP tells securitisation specialists
IMN's 21st Annual Global ABS conference opened yesterday on a note of cautious optimism for the European securitisation market

Pemberton confirms German addition to direct lending fund
Pemberton says that 20% of capital deployed by its mid-market fund is to German borrowers

Partners Group tops €1 billion for new multi-asset credit programme
Partners Group says that it has raised €1 billion for what it describes as a multi-asset credit programme

Permira nears final close on new direct lending fund
London’s Permira Debt Managers is edging closer to a final close on its latest direct lending fund, according to an article by Unquote

Spanish SME credit fund’s fraud complaint unnerves investors
An asset manager has sent shockwaves through Spain’s SME financing market by revealing that over half the assets backing a small domestic bond issue may be fraudulent

Avenue loses another key European credit portfolio manager
An experienced credit PM has left Avenue to join a $2.3 billion fund manager in a new role

Loan total return swaps make their way to Europe following US success
Total return swaps have become a popular way to finance portfolios of US leveraged loans in recent years. And now the product may be about to make it big in Europe too.

Sound Point targets Italian mid market for special situations fund
Sound Point Capital Management is understood to be targeting between $200 million and $300 million for a new European credit hedge fund

Alcentra and reit specialist Steadfast team up for fund
Alcentra has launched a new retail fund in the US to invest in mid-market credit

PGIM takes top spot as credit market celebrates
PGIM was the big winner at the Creditflux Manager Awards dinner on 3 May after scooping up the coveted manager of the year award

BNP Paribas Asset Management hires SME lending head
BNP Paribas Asset Management has announced that it has hired Ardian’s former head of US private debt as part of a new private debt and real assets investment group

Standard Life unit looks to put money to work in European direct lending
SL Capital has opened for business in private debt with officials at the company confirming that they have started with €270 million of capital to lend to privately-owned European borrowers

Senior debt funds are mis-pricing euro mid-market loans, conference hears
An influx of capital into senior debt funds is leading to mispricing in Europe’s mid-market, delegates at the Debtwire European Mid Market Forum heard yesterday

Senior European investment grade credit trader exits Citi
The head of investment grade single-name credit trading at Citi has left the bank after just nine months

Park Square adds staff in direct lending and names new partners
European mid-market credit specialist Park Square Capital has announced that it has made two hires while also promoting three of its existing staff to the rank of partner

Muzinich brings in €180 million for new European private credit fund
Muzinich has held a first close on a pan-European private debt fund with €180 million in commitments