Join the debate: most memorable moment in credit
At Creditflux we’ve now produced 200 monthly magazines since Fishknife first came up with the idea of tracking the global credit markets in 2001). We asked several key credit industry officials about their most memorable moment in credit

Drug makers: desperately seeking pain relief
With Teva’s profitable Copaxone being undermined by cheaper alternatives, the company is in need of a pick-me-up. By Euan Hagger

Staying afloat in credit takes care and character
In his final article, our columnist sheds light on his identity and has some 'nice' advice for those navigating credit’s changeable oceans

Distressed credit specialist rakes in $781 million for global debt fund
Balbec Capital's latest global credit fund has a $1 billion target

Former CQS credit CIO Finch joins Man GLG in top credit role
Man Group has hired Simon Finch as CIO of credit at its Man GLG unit

CarVal distressed specialist departs after three and a half years in London
Maxime Hennequet has left CarVal Investors after more than three years at the firm, Creditflux has learned

Structured credit PM earns promotion as Pimco unveils new managing directors
Structured credit portfolio manager Russell Gannaway is among seven officials to have been promoted to managing director at Pimco

Och-Ziff's head of European private credit set to join Carlyle
Carlyle Group has made a high profile hire to its credit team in London

European Commission introduces proposals to tackle high levels of NPLs
In a bid to address the high levels of non-performing loans that are sitting on bank balance sheets, and to reduce future accumulation of NPLs in the banking sector, the European Commission yesterday released proposals to try and tackle the issue.

Apollo forms Italian real estate partnership
Funds affiliated with Apollo Global Management have formed a strategic partnership with Milan-based Realty Partners to invest in the Italian real estate market

Consumer lending: questions pile up for debt collectors
Cabot’s failed IPO has hit bonds across the debt collection sector – and made investors much more cautious. By Euan Hagger

Manchester pension fund awards Stone Harbor £1 billion multi-credit mandate
A £21 billion UK pension fund has appointed global fixed income specialists Stone Harbor Investment Partners to manage a £1 billion multi-asset credit mandate

Tetragon shuts down distressed debt fund amid claims of fundraising struggles
Tetragon Financial Group is shuttering one of its subsidiary’s funds amid claims of troubles with fundraising

Apollo forms Italian credit-focused partnership
Apollo Global Management and Italian mid-market advisor Apeiron Management create a strategic partnership focusing on Italian corporate credit opportunities

Minnesota pension fund looks to commit $535 million to 'private credit'
Minnesota State Board of Investments has recommended investments worth $535 million to private credit, according to board documentation seen by Creditflux

Goldman distressed debt specialist to join HPS in London
London-based Frederick Morris is leaving Goldman Sachs and moving to HPS Investment Partners, Creditflux has learned

Makuria brings in over $900 million for special situations-focused credit fund
London-based Makuria Investment Management has received $918 million in capital commitment for its credit fund, according to market sources

Ironshield guards against future stress in Europe
The withdrawal of quantitative easing in Europe, coupled with rising interest rates, could lead to increased volatility and improved credit selection opportunities, especially among low-grade credits

Managers predict skill will win out
We asked managers to predict the year ahead across a range of credit strategies. Overall, they had a positive outlook. By Grace Jennings-Edquist

US power generators: Falling prices spark bankruptcies
As renewables and gas undercut traditional power generators, bond holders are preparing for price shocks. By Euan Hagger

Former ICG credit head Kershaw takes advisory role at distressed debt firm
Dagmar Kent Kershaw, the former head of Intermediate Capital Group's credit fund businessin Europe and Australia, has landed an advisory role at a $7 billion distressed debt manager

Brokerage Exotix appoints global head of fixed income
London-based Exotix Capital has appointed Dean Tyler as global head of fixed income

Former Greylock professionals iron out plans for EM distressed launch
Two London-based former professionals from Greylock Capital Management are preparing to formally launch Fierro Capital Management two years after the firm's incorporation, Creditflux understands

Manager holds first close on second Italian credit recovery fund
DeA Capital Alternative Funds has announced the first close of its second Italian credit recovery fund at €300 million