Neuberger keeps up private credit momentum as it markets new fund
Neuberger Berman is marketing its latest private credit strategy, with the firm launching Neuerger Berman Private Debt Fund III

Infrastructure-backed CLOs return as $450 million deal prices
An investment bank affiliate has priced the first CLO backed by infrastructure assets since the financial crisis

All change as Janus Henderson appoints new global head of fixed income
Janus Henderson Investors has announced the appointment of Jim Cielinski as global head of fixed income. The asset management giant has recently lost its head of credit 

Oak Hill launches new CLO-focused hedge fund
Oak Hill Advisors has so far raised $77.4 million for an offshore fund that invests in CLOs, filings suggest

Vanguard launches global credit fund
Vanguard has launched a global credit bond fund that will invest in fixed income securities, according to documents seen by Creditflux

Davidson Kempner raises $1.75 billion for distressed debt fund
Davidson Kempner has raised $1.75 billion for a new fund focused on distressed investments, Creditflux has learned

Accunia prices its second CLO in €386.6 million transaction
Accunia European CLO II priced yesterday in a deal arranged by Deutsche Bank

GoldenTree partner joins Alcentra as co-chief investment officer in London
Vijay Rajguru, a partner at GoldenTree Asset Management, is joining Alcentra as its co-chief investment officer.

Barclays buys protection on $1.6 billion global credit portfolio
Barclays has completed a new reg cap trade, according to a recent ratings announcement by DBRS

CVC Credit appoints chairman as credit CIO steps down
CVC Credit Partners has today announced that Stephen Hickey will be leaving the firm for personal reasons. Joining the firm will be former JP Morgan leveraged finance head Hamish Buckland

Axa IM puts money to work in the US as it closes global real estate debt fund
AXA’s real estate investments arm has closed its 10^th commercial real estate senior debt fund after achieving its capped target of €1.5 billion

Goldman Sachs and KKR private credit funds win Korean investors
Korea Post has decided to commit $200 million to a new mezzanine debt fund from Goldman Sachs and $100 million to KKR Credit’s global mezzanine fund, according to local media reports

Job opportunity with Fair Oaks Capital
Fair Oaks Capital is looking for an investment manager in New York

Founder looks to take structured credit manager Zais private
Founder Christian Zugel has bid to take Zais Group private, ending its two year stint as a public company

Carlyle wins court case over mortage-backed credit permacap
Carlyle Group wins a long-running court case over a fund known as Carlyle Capital Corporation

Willis Towers Watson blends rare mix of assets for credit fund of funds
New commitments take fund size to $1.8 billion

Axa unwinds short-maturity CLO fund as 1.0 universe dwindles
Axa Investment Managers has recently wound down a fund designed to take advantage of a short-term opportunity in ageing CLO debt tranches

CLO industry says Citi marries quality and quantity
Citi, Nomura and Wells Fargo are among the leading service providers to the CLO industry, according to the results of Creditflux’s first ever CLO Census

They said it
When you’re early by six or more years it’s not clear you can ever be described as having been right”

Creditflux guide: single name CDS
Credit default swaps aren’t used as often as they were, but they are still a quick way for investors to hedge or take a position on names in the credit market

Transport and logistics: heavy debt leaves transporters in jam
With logistic specialists getting a rough ride, debt restructuring could be the next stop for asset-light companies

Why CLOs will not cause the next financial crisis
It is hard to imagine a world in which CLO triple As suffer losses, but we should not be complacent

CLO managers like range of options
.

Macquarie confirms senior fund specialist appointment
Macquarie has hired former Investec fund finance specialist Steve Berry to head up its Macquarie Specialised Investment Solutions division

JP Morgan promotes experienced manager to head European CLO business
The reshuffle at JP Morgan fills the hole left by former head of European CLOs Amberine Nagree