Jefferies creates team and aims to build CSO business
Amid mounting buy-side interest in the synthetic CDO market, sources say that Jefferies is looking to build a US business arranging these transactions  

August: fund performance
CLO spreads jumped wider in August, but funds that invest in these assets have been able to outperform

September: credit funds at a glance
White Oak Global Advisors held a $2.1 billion final close on a new direct lending fund, while Phil Raciti's move from CVC Credit Partners to Halcyon Capital Management was one of the biggest moves in the credit industry

September: CLOs at a glance
For a full breakdown of CLO issuance in September click here

Tesla CDS hits big bump on largely self-driven woes
Tesla Motors’ five-year credit default swap is at a widest-ever print of 21.3/23.3 points up front going into the week

Global CLO round-up: US market has a fair-way to catch up to Europe
As the Ryder Cup drives a wedge between the US and Europe, managers putt their hopes in CLOs. But the European market is in the lead with three deals to one as Creditflux goes to press

IHS Markit launches derivatives initial margin calculator
IHS Markit has launched an Initial Market Calculation Service to help market participants prepare to meet regulatory requirements for non-cleared derivatives trades across credit, commodities, equities, FX and interest rates

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

39% of private debt investors are underweight, but they're looking for opportunities
485 Investors have come together to reveal their thoughts about allocation, in a survey conducted by London-based investment consultant bfinance

BlackRock names head of US CLO business, reports Reuters
BlackRock has appointed Owen Butler to lead its US CLO business, according to an internal memo seen by Reuters

Hampshire pension fund seeks private debt manager for £325 million mandate
Hampshire County Council is seeking a private debt firm to manage a £325 million private debt account for its pension fund, according to documents seen by Creditflux

HPS expands in distressed debt by taking over Dallas-based Tålamod
HPS Investment Partners has struck a deal to bring on board the investment team from Dallas-based distressed debt specialist Tålamod Asset Management

Goodhart unveils new platform to invest in private debt and equity firms
London-based Goodhart Partners has launched a new platform to focus on strategic minority investments, predominantly in private debt and private equity firms.

Reed Smith adds former NatWest structured finance specialist to its team
Law firm Reed Smith has added structured finance specialist David Barton as counsel in its London office

Family office CIO and ex-Kimura official launch new private debt firm
The chief investment officer of single-family office and an official who previously worked at Kimura Capital have joined forces to launch an asset management business

Debtwire: Acis bankruptcy judge looks to mediation as litigation piles up
Acis Capital Management’s Chapter 11 trustee is developing a new plan proposal that would rectify a provision that caused a bankruptcy judge to reject an earlier plan two weeks ago

Loomis Sayles makes global fixed income senior role changes
Kenneth Buntrock, portfolio manager and co-team leader of the global fixed income team will retire in March 2019  

Control equity up for grabs in two 2015 CLOs this Wednesday
Control equity in two 2015 CLOs is up for auction at 9.30am New York time this Wednesday

Baker McKenzie adds two global finance partners in London office
Global law firm Baker McKenzie has bolstered its finance team with the addition of two partners in the London office

Global CLO league tables at a glance
A snapshot of the overall league tables as of 31 August

The perception of liquidity is often not the same as the reality
Investec Asset Management's Jeff Boswell takes our credit quiz and discusses liquidity in Europe, the former "darling of the European debt market" Vivarte and the Matrix

TwentyFour expands into US with head of US credit appointment in New York
TwentyFour Asset Management has appointed David Norris as head of US credit to lead the firm’s expansion into the US

Four private credit managers score as Arizona pension fund commits $250 million
The $9.78 billion pension fund has mandated nearly $250 million to four private credit managers, alongside additional commitments for co-investment opportunities 

Managers cash in as investors come calling
Credit management platforms are being viewed as attractive investments, with a slew of acquisitions taking place in recent months — mainly involving private credit operators

Dealers show appetite to retain tranches amid CSO growth
There are increasing numbers of dealers involved in the CSO market and their approach to issuing bespokes is evolving, attendees at Creditflux’s Credit Dimensions conference heard last month.