Two more lawyers leave Cadwalader for Orrick
Orrick has added another two former Cadwalader lawyers to its growing structured finance team in London

Credit funds at a glance – April 2026
Our roundup of top performers, fundraising and moves in credit

Apollo’s head of investments Europe says private credit is going through a rite of passage
PODCAST: Speaking on the latest episode of the Credit Exchange podcast with Lisa Lee, Apollo’s head of investments Europe Tristram Leach says he believes direct lending will continue to grow – but it needs to go through a period where there are elevated redemptions in the market

Muzinich appoints Tatjana Greil Castro as global head of investments
The privately-owned corporate credit specialist has also appointed Thomas Samson as global head of high yield and Hugo Wheeler as head of global accounts and marketing

Napier Park’s CIO says firm has stockpiled cash to buy mispriced assets
PODCAST: The alternative asset manager, which oversees USD 40bn in AUM, has been prepping for a repricing of financial assets that predates the Iran war and the software crisis, according to its Chief Investment Officer, Jonathan Dorfman, speaking on the latest episode of Credit Exchange with Lisa Lee

Creditflux showcases contributions, achievements and observations of outstanding leaders – Trailblazing Women
EXCLUSIVE: For International Women's Day, Creditflux speaks to Octagon's Lauren Law, PineBridge's Laila Kollmorgen and Ropes & Gray's Shona Ha

Alcentra adopts BSP brand, winds down direct lending biz
The Franklin Templeton-owned credit shops have also created a new global executive committee that brings together leaders from BSP, Alcentra and the newly acquired European lower middle market lender Apera

The AI data boom will drive activity in 2026 – MUFG co-head of EMEA capital markets Fabianna Del Canto
The driver for 2026 will be the real step-change in capex requirements all around the AI data boom and the needs of hyperscalers, said Fabianna Del Canto, co-head of EMEA capital markets at MUFG, on the latest episode of the ‘Credit Exchange with Lisa Lee’ podcast

We are seeing an insurance renaissance – AllianceBernstein deputy CIO of insurance Gary Zhu
PODCAST: Innovation on the liability side is allowing insurance companies to change their funding costs and be more competitive, says Gary Zhu, deputy chief investment officer of insurance at AllianceBernstein (AB), in the latest episode of ‘Credit Exchange with Lisa Lee’

The tide of easy money pushes everything upwards – Satori Insights founder Matt King
The end of the US government shutdown has paved the way for a “renewed melt up,” says Matt King, founder of Satori Insights, on the latest episode of Credit Exchange with Lisa Lee

Hey Google, can AI chatbots replace investment bankers?
Is artificial intelligence coming for investment banking jobs and mandates? Some experts see it as inevitable – but others say the technology cannot replace the power of bankers’ people skills and nuanced market knowledge

Oaktree Capital’s Robert O’Leary on threats, opportunities in global credit
Credit secondaries set for continued growth as financial sponsors seek liquidity solutions; high-yield bonds seen as defensible, while opportunistic strategies may benefit from distress

Lessons learned from First Brands and Tricolor – Tetragon co-CIO Dagmara Michalczuk
“The governance issue, although it seems like a soft and fuzzy idea, is incredibly important,” Michalczuk told Creditflux managing editor Lisa Lee on the latest episode of the Credit Exchange podcast

Markets are flipping their forecasts —from recession to overheating
There’s cause for worry as the Federal Reserve cuts into a booming economy

A slow, global rebalancing away from the US dollar and Treasuries – Amundi’s Grégoire Pesques
PODCAST: There is a major need for diversification away from the US dollar, says Grégoire Pesques, CIO, global fixed income at Europe’s largest asset manager Amundi, in the latest Credit Exchange podcast with Lisa Lee. In the meantime, the lack of obvious safe havens has seen gold a big winner

Not shying away from credit risk is the right call – BlackRock’s Amanda Lynam
Corporates have showcased resilience in navigating policy shifts, according to Amanda Lynam, Head of Macro Credit Research within the Portfolio Management Group at BlackRock, on the latest edition of the ‘Credit Exchange’ podcast with Lisa Lee

Fund performance – May 2025
All fund categories head back into the black after two tough months

Former Investcorp Credit CEO Jeremy Ghose joins The Chatterjee Group
Ghose told Creditflux that his role as President would be a strategic one that “looked to enhance the enterprise value” of the overall group, with the aim of boosting cash flow to develop the firm’s philanthropic operations

Sound Point hires former Alcentra president as CFO steps down
CFO Kevin Gerlitz is retiring from the role after 16 years

News in brief
US credit returns fail to reflect risk

Fund performance – April 2025
April returns show small improvement, but CLO funds struggle

Fund performance – March 2025
Corporate distressed stays positive as other categories take a dive

Credit funds at a glance – April 2025
Our roundup of top performers and moves in credit

Trump tariffs will materially impact credit, raise financing costs – Napier Park’s Jon Dorfman
The co-founder and CIO of the alternative credit manager discussed his concerns stemming from the recent economic and policy uncertainty on the latest edition of the 'Credit Exchange with Lisa Lee' podcast

Fund performance - February 2025
Structured finance leads, but all indices stay positive as 2025 begins