Up-and-coming fund manager Revolution makes big structured credit hire
Sydney’s Revolution Asset Management has made a big hire, signalling its intent in the global structured credit markets

JP Morgan AM professional to lead spin-out of credit hedge fund
Former JP Morgan Asset Management portfolio manager Fahad Roumani appears to be gearing up to lead a spin-out firm, which will manage the JPS Credit Opportunities Fund under its new name

Creditflux guide: index tranches
Bespokes are back, single name CDS remain popular and credit indices can be very liquid. So why, years after the crisis, are index tranches still in the doldrums? By Tom Davidson

Carlyle raises more than $800 million for global CLO-focused fund
Carlyle's newest fund will invest in CLOs backed by US and European senior secured corporate loans actively managed by third parties

Citi promotes European CLO head and co-head of credit correlation trading
Citi – a market leader in CLO origination and bespokes – has promoted officials responsible for these businesses.

CLO manager looks to raise up to $2 billion to invest in CLOs globally
A US CLO manager is planning to invest in CLO tranches for the first time. It is understood that the firm is putting together a structured credit fund that will also have the ability to invest in index tranches

Hayfin acquires US CLO manager
European credit platform Hayfin Capital Management has signed an agreement to acquire a US CLO specialist

US pension scheme puts $100 million into top-performing CQS fund
A multi-strategy credit fund run by CQS has earned a $100 million commitment from a US pension fund

Deutsche Bank announces rebrand for its asset management unit
Germany’s largest lender, Deutsche Bank, has announced plans to rebrand its asset management arm Deutsche Asset Management to DWS

Australian-European credit manager unveils plans for listed fund
Australian secured credit fixed income specialist Gryphon Capital Investments has announced plans to list a trust with an objective of paying a 5% per annum coupon paid on a monthly basis

Managers argue over whether structured credit trade is played out
Some US and European hedge funds are trimming their exposure to structured credit as investors back away from this asset class, according to some industry experts

Nomura renews interest in synthetic CDOs by targeting full-cap deals
After sitting on the sidelines last year, Nomura has returned to the bespokes space

Nearwater aims to put $500 million to work in global risk retention financing
Start-up company Nearwater Capital has closed on a $500 million capital commitment which will fast-track its move into risk retention financing, sources say. The firm has already deployed capital into CLO risk retention

UK pension fund awards Loomis Sayles £485 million for multi-strategy credit
Natixis-affiliate Loomis Sayles has been awarded a £485 million ($647.3 million) mandate by the Avon Pension Fund to manage its multi-asset credit allocation

Robeco launches short-duration version of its global credit fund
A Rotterdam-based asset manager has launched a short duration form of its global credits strategy

Manager looks to raise up to $500 million to invest in CLOs globally
A firm regarded as one of the biggest CLO mezzanine and equity investors in the market is launching its latest CLO strategy 

New tailored credit index tranches draw in private bank investors
A new product aimed at private banks is quietly taking off in the synthetic structured credit space

Cairn moves into reg-cap after key hire
London-based Cairn Capital has taken its first steps into the regulatory capital market, according to market sources

Crestline raises $1.3 billion for its latest credit strategy
Crestline Investors has closed its third credit opportunity fund, according to a press release. The firm states that Opportunity Fund III and related managed accounts secured over $1.34 billion of capital commitments

New European credit firm hires investor relations head from CQS after strong start
A recently-launched fund manager has hired from CQS after raising roughly €100 million for its debut credit opps fund

Alcentra continues hot fundraising streak with new global credit offering
BNY Mellon subsidiary Alcentra has attracted $140 million for a corporate credit fund

GSO raises new credit fund as it eyes $2.4 billion portfolio acquisition
Recent fund-raising may be vehicle to acquire large mid market portfolio

Apollo teams up with Palmira to launch €1 billion joint venture
A new joint venture from Palmira Capital Partners and the Apollo European Principal Finance Fund III seeks to invest more than €1 billion in pan-European modern logistics facilities

Deutsche Bank plans new securitisation of UK consumer loans
Deutsche Bank is working with P2P Global Investments to price a securitisation backed by UK unsecured consumer loans

White & Case promotes three credit lawyers to partners in US and Europe
White & Case has announced the promotion of three lawyers with credit expertise to its partnership in offices across the US and Europe